Pursuant to the Members approval accorded through Postal Ballot on March 25, 2023, the Share Allotment Committee of the Board of Directors of TCI Industries at its meeting held on September 16, 2024 has issued and allotted 5000 nos. of 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs 100 each at a premium of Rs 300 each on Private Placement basis to ‘M/s. Vikas Agarwal & Sons HUF’ an entity belonging to the Promoter and Promoter Group of the Company for cash.
The above information is a part of company’s filings submitted to BSE.