Brief: TRF Approves Issue Of Convertible Preference Shares For Up To 250 Mln Rupees To Tata Steel
14/03/2022 09:09
March 14 (Reuters) - TRF Ltd TTRO.NS :
* APPROVED ISSUE OF 11.25% OPTIONALLY CONVERTIBLE REDEEMABLE
PREFERENCE SHARES FOR UP TO 250 MILLION RUPEES TO TATA STEEL
* APPROVED ISSUING 12.17% (EFFECTIVE YIELD) NON-CONVERTIBLE
REDEEMABLE PREFERENCE SHARES FOR UPTO 2.39 BILLION RUPEES TO
TATA STEEL
Further company coverage: TTRO.NS TISC.NS
((Reuters.Briefs@thomsonreuters.com;))
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