TCI Industries has informed 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 June 01, 2021 has issued and allotted 2,500, 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 each to the enclosed entities belonging to the Promoter and Promoter Group of the Company for cash.
The above information is a part of company’s filings submitted to BSE.