TCI Industries Ltd allots 75400 NCRPS

Pursuant to the Members approval accorded in their Meeting held on August 02, 2016, the Share Allotment Committee of the Board of Directors of TCI Industries Ltd at its meeting held on December 21, 2016 has issued and allotted 75,400, 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 Promoters and Promoter Group Companies.

Shares of TCI INDUSTRIES LTD. was last trading in BSE at Rs.1200 as compared to the previous close of Rs. 1150. The total number of shares traded during the day was 1 in over 1 trades.

The stock hit an intraday high of Rs. 1200 and intraday low of 1200. The net turnover during the day was Rs. 1200.

Source : Equity Bulls

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