TCI Industries Allots Preference Shares to Promoter Group Entity

MT Newswires Live

2025/07/21

TCI Industries (BOM:532262) has allotted 3,750 zero-coupon non-convertible redeemable preference shares on a private placement basis, according to a Monday filing with the BSE.

The allotment was made to ABC India, a company belonging to the promoter group, for cash, the filing said.

Shares of the company were up 3.2% in post-market activity.

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