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TCI Industries LtdImportant, 12-02-2026: Company Update

12-02-2026 | 06:02 pm

TCI Industries has allotted 6,250 0% Non-Convertible Redeemable Preference Shares (NCRPS) at Rs. 400 each, raising Rs. 25 lakh from its promoter and promoter group. These shares carry a face value of Rs. 100 with a Rs. 300 premium. They are non-convertible, have no voting rights, and are redeemable at a premium within 20 years at the company's discretion. This private placement strengthens the company's capital base without diluting existing equity shareholders or changing the paid-up equity share capital. The NCRPS will not be listed on any stock exchange.

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