TCI Industries Ltd allots 1500 NCRPS

Pursuant to the Members approval accorded through Postal Ballot on October 30, 2017, the Share Allotment Committee of the Board of Directors of TCI Industries Ltd at its meeting held today i.e. March 30, 2018 has issued and allotted 1,500, 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 M/s. ABC India Limited, entity belonging to the Promoter and Promoter Group of the Company for cash.

Shares of TCI INDUSTRIES LTD. was last trading in BSE at Rs.855.05 as compared to the previous close of Rs. 855. The total number of shares traded during the day was 5 in over 1 trades.

The stock hit an intraday high of Rs. 855.05 and intraday low of 855.05. The net turnover during the day was Rs. 4275.

Source : Equity Bulls

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