The Board of Tilaknagar Industries on 24 April 2021 has approved allotment of 1,39,03,752 equity shares of Rs 10 each to Edelweiss Asset Reconstruction Company at an issue price of Rs 24.36 per share towards conversion of part of the debt owned to it by the company amounting to Rs 33.86 crore into equity shares of the company on preferential basis. Post aforesaid allotment, the paid up capital of the company is Rs. 1,39,33,83,550 divided into 13,93,38,355 equity shares. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.