TRF

** Shares of TRF Ltd TTRO.NS down 3% to 372.4 rupees
** The project management and tech services provider says its Q4 profit declined 44% y/y to 35.2 mln rupees ($418,087.01), rev fell 28.7%
** Stock set to fall for a third straight session
** TTRO.NS extends YTD losses to ~14%

($1 = 84.1930 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

Dec 19 (Reuters) - TRF Ltd TTRO.NS:

• TRF LTD - RECEIVES DEMAND ORDER FROM CGST FOR EXCESS INPUT TAX CREDIT

• TRF LTD - DEMAND ORDER AGGREGATES TO 11.8 MILLION RUPEES

Source text: ID:nBSE8Pb9GC

Further company coverage: TTRO.NS

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** Shares of project management and tech services provider TRF TTRO.NS jump 20% to its highest since Sept. 2022, when a merger with Tata Steel TISC.NS was first announced

** Merger between the two stands terminated, both firms said

** Tata Steel up 1.5%, its highest since Sept. 2021

** TRF navigated challenging operating environment, saw a turnaround in performance with significant support by Tata Steel, says the steelmaker

** TRF trading volume at 3.3 times the 30-day avg

** TRF gained ~48% in 2023, outpacing a ~24% gain in TISC

(Reporting by Manvi Pant in Bengaluru)

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Dec 22 (Reuters) - TRF Ltd TTRO.NS:

• RECEIVED AN ADJUDICATION ORDER FROM JOINT COMMISSIONER, CENTRAL GOODS & SERVICE TAXES AND CENTRAL EXCISE, BOLPUR COMMISSIONERATE

• ORDER TOWARDS IRREGULAR AVAILING OF TRANSITIONAL SERVICE TAX CREDIT BY CO ON IMPLEMENTATION OF GST

• PENALTY AMOUNT OF 38 MILLION RUPEES

Source text for Eikon: ID:nBSEcdMF1

Further company coverage: TTRO.NS

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Oct 27 (Reuters) - TRF Ltd TTRO.NS:

• APPROVED ISSUANCE OF 11.25% REDEEMABLE PREFERENCE SHARES WORTH 250 MILLION RUPEES

Source text for Eikon: ID:nBSE9wbWKM

Further company coverage: TTRO.NS

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Oct 23 (Reuters) - TRF Ltd TTRO.NS:

• TRF LTD - MAY CONSIDER ISSUANCE OF UNSECURED REDEEMABLE PREFERENCE SHARES

Source text for Eikon: ID:nBSE9nMQtK

Further company coverage: TTRO.NS

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** Shares of TRF Ltd TTRO.NS rise as much as 12.5% to 209.8 rupees, biggest pct gain since Sept. 14, 2022

** Tata Steel reported it will hold a meeting of its equity shareholders on Sept. 18 to consider merger with the project management and technical services provider

** More than 721,800 TRF shares change hands by 10:10 a.m. IST vs 5.8x 30-day avg of 124,002 shares

** Stock trading above its 50-,100- and 200-day simple moving averages, indicating bullish sentiment

** Stock up 8.8% so far this year up to last close

(Reporting by Ashna Teresa Britto in Bengaluru)

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July 19 (Reuters) - TRF Ltd TTRO.NS:

• TRF LTD JUNE-QUARTER CONSOL NET PROFIT FROM CONTINUING OPERATIONS 76.4 MILLION RUPEES VERSUS 185.2 MILLION RUPEES

• TRF LTD JUNE-QUARTER CONSOL INCOME FROM OPERATIONS 335 MILLION RUPEES VERSUS 413.9 MILLION RUPEES

Source text for Eikon: ID:nNSE3q81V5

Further company coverage: TTRO.NS

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