TCM Ltd to consider raising stake in iSpark Learning Solutions Pvt Ltd

A meeting of the Board of Directors of TCM Ltd is scheduled on Friday, 22nd July 2022 at 03:00 P.M. at the Registered Office of the Company to, consider and approve proposal to raise the investment of the Company in equity shares of the subsidiary, iSpark Learning Solutions Pvt Ltd by issue of new equity shares and as a consequence raise the stake of the Company from 51% to 74% by investing an amount of Rs. 10,89,200/- towards the equity capital.

Shares of TCM LTD. was last trading in BSE at Rs. 47.90 as compared to the previous close of Rs. 45.65. The total number of shares traded during the day was 1072 in over 7 trades.

The stock hit an intraday high of Rs. 47.90 and intraday low of 47.90. The net turnover during the day was Rs. 51348.00.

Source : Equity Bulls

Keywords

TCM INE034F01010 StakeIncrease iSparkLearningSolutions