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The latest announcement is out from Tilaknagar Industries Limited ( (IN:TI) ).
Tilaknagar Industries Limited has announced the allotment of 930,000 equity shares to its promoter, Mr. Amit Dahanukar, following the conversion of warrants into equity shares. This move, approved by the Finance Committee of the Board of Directors, results in an increase in the company’s paid-up equity share capital to Rs. 246.83 Crores. The shares will be locked in as per SEBI regulations, and applications for listing and trading approval will be made in due course.
More about Tilaknagar Industries Limited
Average Trading Volume: 104,861
Technical Sentiment Signal: Buy
Current Market Cap: 94.15B INR
See more insights into TI stock on TipRanks’ Stock Analysis page.