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Board of Trend Electronics allots preference shares on private placement basis

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Capital Market
Last Updated : Mar 31 2016 | 10:01 AM IST

At meeting held on 30 March 2016

Trend Electronics announced that the Board of Directors of the Company at their Meeting held on 30 March 2016, have allotted 100,00,000 (One Crore) Non Convertible, Non Cumulative, Non Participating Redeemable Preference Shares of Rs. 100/- each at par aggregating to Rs. 100,00,00,000/- (Rupees One Hundred Crore Only) on private placement basis in terms of the resolution passed by the members at the Annual General Meeting held on 27 June 2015.

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First Published: Mar 31 2016 | 9:30 AM IST

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