TCM has informed that Board of Directors of the Company in its meeting held on Tuesday, 27th August 2024 has considered and approved the following business: 1. To accept a loan of up to Rs.12 Crore from People’s Urban Cooperative Bank (PUCB), Edapally, Ernakulam, by mortgaging the title deeds and related documents of Hi Lite Property, Maradu, owned by the company in favour of People’s Urban Cooperative Bank (PUCB) for business purpose. The meeting commenced at 10.30 am concluded at 11:15 am.
The above information is a part of company’s filings submitted to BSE.