Brief: TCI Industries issues 13,709, 0% non-convertible redeemable preference shares
16/01/2017 12:19
Jan 16 (Reuters) - TCI Industries Ltd TCI.BO
* TCI Industries says issued and allotted 13,709, 0%
non-convertible redeemable preference shares
Source text [TCI Industries Ltd has informed BSE that pursuant
to the Members approval accorded in their Annual General Meeting
held on August 02, 2016, the Share Allotment Committee of the
Board of Directors of the Company at its meeting held
on January 16, 2017 has issued and allotted 13,709, 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 the Promoter Group
Companies]
Further company coverage: TCI.BO
((Bangalore.newsroom@thomsonreuters.com;))
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