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Tilaknagar Industries Ltd — Share Issue/Capital Change 2022
Feb 24, 2022
60357_rns_2022-02-24_af6ce216-8397-4c26-874a-60c6468f9042.pdf
Share Issue/Capital Change
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February 24, 2022
To, BSE Limited Phiroze Jeejeebhoy Towers, Dalai Street, Mumbai 400001 Scrip Code : 507205
To,
National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G, Bandra-Kurla Complex, Bandra (East), Mumbai-400 051. Symbol : TI
Sub : Outcome of the Circular Resolution passed by the Board of Directors of the Company under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations), we wish to inform that the Board of Directors of the Company, through circular resolution passed on Wednesday, February 23, 2022, has considered and approved the allotment of 9,66,430 (Nine Lakhs Sixty Six Thousand Four Hundred and Thirty) equity shares having face value of Rs. 10/- each at an issue price of Rs. 15/- each and Rs. 31/- each as applicable to employees of the Company, pursuant to exercise by such employees of the options granted to them under ESOP Scheme 2010 and ESOP Scheme 2012.
Consequent upon the above allotment of equity shares, the paid-up equity share capital of the Company stands increased as follows:
| Sr.No. | Particulars | No. of Equity Shares | Amount (in Rs.) |
|---|---|---|---|
| 1. | Existing paid-up Equity ShareCapital | 15,50,13,865 | 1,55,01,38,650 |
| 2. | Post Allotment paid-up EquityShare capital | 15,59,80,295 | 1,55,98,02,950 |
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The said equity shares allotted shall rank pari-passu in all aspects with the existing equity shares of the Company and will be listed on the National Stock Exchange of India Limited and BSE Limited.
We request you to kindly take the above on your record.
Thanking you,
Yours faithfully,
For Tilaknagar Industries Ltd.
Digitally signed by RAMACHAR RAMACHAR RAMESH RAMESH CHEMANGALA CHEMANGALA Date: 2022.02.24 12:48:45 +05'30'
Chemangala Ramachar Ramesh Whole – time Director (DIN:08876738)
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