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TCI Industries allots preference shares

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Capital Market
Last Updated : Dec 21 2016 | 6:47 PM IST

To Promoters and Promoter Group Companies

TCI Industries announced that pursuant to the Members approval accorded in their Meeting held on 02 August 2016, the Share Allotment Committee of the Board of Directors of the Company at its meeting held on 21 December 2016 has issued and allotted 75,400, 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 Promoters and Promoter Group Companies.

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First Published: Dec 21 2016 | 6:21 PM IST

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