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Board of TCPL Packaging approves allotment of 4 lakh shares on preferential basis

Capital Market 

Held on 15 July 2017

announced that the Board of Directors at its meeting held on 15 July 2017 have approved to issue, offer and allot 4,00,000 equity of the Company of the face value of Rs. 10 (Rupees Ten) each (Equity Shares) at a price of Rs. 600 (including premium of Rs. 590 per Equity Share on a preferential basis through private placement, for a total consideration of Rs. 24 crore.

The Board has also decided to hold Extra Ordinary General Meeting of the members of the Company on 9 August 2017

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, July 15 2017. 13:21 IST