TCI Industries Ltd — Important, 23-02-2026: Company Update

The company has allotted 2500 Non-Convertible Redeemable Preference Shares (NCRPS) via a private placement. These 0% preference shares represent a capital-raising effort, securing funds for the company's operations or growth plans without immediate dilution of common equity, as they are non-convertible. This strategic move strengthens the company's financial base by bringing in new capital from a select group of investors, supporting future business endeavors.