Pursuant to the Members approval accorded in their Meeting held on August 02, 2016, the Share Allotment Committee of the Board of Directors of TCI Industries Ltd at its meeting held on January 05, 2017 has issued and allotted 13,444, 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs. 100/- (Rupees Hundred only) each at a premium of Rs. 300/- (Rupees Three Hundred only) each.