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TCI Industries
BSE: 532262NSE: ISIN: INE920B01019

22nd-Jun-2021 11:03Source: BSE

TCI Industries - Announcement under Regulation 30 (LODR)-Allotment

We would like to inform your esteemed Exchange that pursuant to the Members approval accorded through Postal Ballot on May 28, 2021, the Share Allotment Committee of the Board of Directors of the Company at its meeting held today i.e. June 22, 2021 has issued and allotted 1,250, nos. of 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 Mrs. Kanika Agarwal, a person belonging to the Promoter and Promoter Group of the Company for cash.

As the Company allotted Non-Convertible Redeemable Preference Shares, there is no change in the paid-up equity share capital of the Company. The said shares shall not be convertible into equity shares, accordingly, the same shall not be listed with any Stock Exchange.

The Exchange is hereby requested to take note of and disseminate the same.

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