Trend Electronics informs about outcome of board meeting

Trend Electronics has informed that the Board of Directors of the Company at their Meeting held on March 30, 2016, have allotted 10,000,000 Non Convertible, Non Cumulative, Non Participating Redeemable Preference Shares of Rs 100 each at par aggregating to Rs 1,000,000,000 on private placement basis in terms of the resolution passed by the members at the Annual General Meeting held on June 27, 2015.

The above information is a part of company’s filings submitted to BSE.