TCI Industries Approves ₹10 Crore NCRPS Issue to Promoters

Board approved the issuance of 2,50,000 0% Non-Convertible Redeemable Preference Shares to promoters and related parties for 10 Cr on a private placement basis. It also approved the reclassification of the company’s authorized share capital and subsequent alteration of the Memorandum of Association.