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TCI INDUSTRIES LTD. - Announcement under Regulation 30 (LODR)-Allotment
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12 Nov 2020
We would like to inform your esteemed Exchange that pursuant to the Members approval accorded through Postal Ballot on April 07, 2020, the Share Allotment Committee of the Board of Directors of the Company at its meeting held today i.e. November 12, 2020 has issued and allotted 1250, 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. Nidhi Agarwal a person belonging to the Promoter and Promoter Group of the Company for cash.&lt;BR&gt; &lt;BR&gt; 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.&lt;BR&gt; &lt;BR&gt; The Exchange is hereby requested to take note of and disseminate the same.
View all announcements for TCI INDUSTRIES LTD. Source: BSE India