TCI Industries has informed that pursuant to the Members approval accorded through Postal Ballot on March 25, 2023, the Share Allotment Committee of the Board of Directors of the Company at its meeting held today i.e. April 25, 2025 has issued and allotted 2500 nos. of 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs 100 (Rupees Hundred only) each at a premium of Rs 300 (Rupees Three Hundred only) each on Private Placement basis to ‘ABC India Limited’ an entity belonging to the Promoter and Promoter Group of the Company for cash. The Terms & Conditions of NCRPS, as approved by the Members of the Company are enclosed.
The above information is a part of company’s filings submitted to BSE.
