TCI Industries has allotted 1250 Non-Convertible Redeemable Preference Shares (NCRPS) to promoter group entity Transcorp Estates Private Limited for cash. Each share was issued at Rs. 400, raising Rs. 0.05 Crore for the company. These NCRPS carry no dividend or voting rights, are not convertible to equity, and will not be listed. They offer preferential repayment rights in case of winding up and are redeemable within 20 years at the company's option, potentially with a premium. This move strengthens the company's financial position through internal capital infusion without equity dilution.