ntc industries limited (BSE:526723) announced that it has issued 1,194,000 common shares at a price of INR 50.75 per share for gross proceeds of INR 60,595,500 on March 30, 2021. The company has face value of INR 10 per share. The transaction included participation from existing investor YMS Finance Private Limited. The company has received funds on preferential basis. The transaction has been approved by the board of directors of the company.