TRF LTD. - Outcome of Board Meeting

| Updated on February 15, 2019 Published on February 15, 2019

The Board at its meeting held today, considered and approved issuance of Non-Convertible Redeemable Preference Shares (Issue of NCRPS) to Tata Steel Limited, on a private placement basis for an amount not exceeding to Rs. 250 crore in accordance with applicable laws and regulations, consents and approvals (as required).

Further, for the purpose of giving effect to the above proposals, the Board also approved consequential changes to the Memorandum and Articles of Association of the Company.

The meeting of the Board commenced at 12:30 p.m. and concluded at 3:45 p.m.

This intimation is issued in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pdf Link: TRF LTD. - Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on February 15, 2019
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