Tilaknagar Industries: Board Meeting Intimation for Board Meeting On January 23 2020 And Closure Of Trading Window

TILAKNAGAR INDUSTRIES LTD.-$has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/01/2020 inter alia to consider and approve
(i) To discuss/finalize on preferential issue of equity shares to investors towards raising of additional capital by the Company pursuant to Section 62 of the Companies Act 2013 and as per the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018;

(ii) To discuss/finalize on preferential issue of equity shares to the lender towards conversion of part of the loan into equity shares pursuant to Section 62 of the Companies Act 2013 and as per the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018; and

(iii) Any other matter with the permission of the Chair.

Pursuant to TI Code of Conduct for Prevention of Insider Trading the Trading Window for dealing in the shares of the Company by the Designated Persons is already closed till 48 (forty-eight) hours after declaration of the unaudited financial results (Standalone and Consolidated) of the Company for the quarter and nine months ended December 31 2019.