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Board of TCI Industries approves preferential allotment of preference shares

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Capital Market

At meeting held on 16 December 2017

TCI Industries announced that the Board of Directors of the Company at its meeting held on 16 December 2017 has issued and allotted 5,645, 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 preferential basis to promoter and promoter group of the Company.

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First Published: Dec 16 2017 | 11:46 AM IST

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