TCI Industries Ltd — Important, 17-02-2026: Company Update

TCI Industries Limited has allotted 3,750 Non-Convertible Redeemable Preference Shares (NCRPS) on a private placement basis to promoter group entities. The company raised Rs. 0.15 Cr through this issue, with each NCRPS issued at Rs. 400 (Rs. 100 face value + Rs. 300 premium). These NCRPS carry no dividend or voting rights and are not convertible into equity shares, meaning no change to the company's equity capital. They are redeemable at the company's option within 20 years, with a potential premium. This move effectively strengthens the company's capital base through funding from its promoter group.