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TCI Industries allots Non Convertible Redeemable Preference Shares

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Capital Market
Last Updated : Jan 17 2017 | 12:04 AM IST

On 16 January 2017

TCI Industries announced that pursuant to the Members approval accorded in their Annual General Meeting held on 02 August 2016, the Share Allotment Committee of the Board of Directors of the Company at its meeting held on 16 January 2017 has issued and allotted 13,709, 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 to the Promoter Group Companies.

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First Published: Jan 16 2017 | 6:12 PM IST

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