Mumbai: The Board of TFCIL further approved allotment of 22,23,000 equity shares to Aditya Kumar Halwasiya at a price of Rs 225 per equity share at its Meeting held on the April 5, 2024.
This takes Aditya Kumar Halwasiya’s shareholding in TFCIL to approximately 15.50% and effectively clears the path for him to steer the company going forward.
“I have full faith in the competent Board and Management of TFCIL, I am very upbeat on the journey ahead for the company and am proud to be a stakeholder of TFCIL just as Bharat is in the midst of a Multi-Year Tourism Boom!” said Aditya Kumar Halwasiya when asked to comment on these significant developments at TFCIL.
Aditya Kumar Halwasiya is also the promoter of the Publicly Listed Indian Contraceptive Manufacturer Cupid Limited and the third generation scion of the Halwasiya Business Family out of Kolkata, India.
In another development, Koppara Sanjeeve Thomas and GD Mundra both representing the former promoter group on the Board of…
