GTN Industries Limited’s board approved equity share allotment and preference share redemption Back
GTN Industries Limited announced that its board approved the allotment of 24,59,622 equity shares to non-promoter investors at a price of Rs 24 per share, totaling Rs 5,90,30,928, and the redemption of 5,90,000 0.01% non-cumulative redeemable preference shares with a face value of Rs 100 each, amounting to Rs 5,90,00,000, from the proceeds of the equity share preferential issue.