TCPL Packaging Limited — Capital/Financing Update 2021

Dec 6, 2021

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06.12.2021

The Bombay Stock Exchange Ltd Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Security Code:-523301

The National Stock Exchange of India Ltd Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra East, Mumbai 400 051 Trading Symbol:- TCPLPACK

Dear Sir(s),

Re:- Acquisition of 60% stake of Creative Offset Printers Private Limited (COPPL)

This is further to our letter dated 03.11.2021 intimating the approval of the board of directors of TCPL Packaging Limited (“Company”) for the transaction to acquire 1,23,600 (One Lakh Twenty Three Thousand Six Hundred) equity shares (i.e. 60% Stake), from the existing shareholders of COPPL.

In the said connection we would further like to inform you that the 60% Stake has now been duly acquired by / transferred to the Company. However, we had earlier in our letter dated 03.11.2021 intimated regarding acquisition of the said 60% Stake at a price of Rs. 7.88 crores, but the said acquisition has been done at Rs. 6.98 crores, based on the revised working of networth of COPPL as on 30.11.2021 and the relevant provisions of the Share Purchase Agreement dated 03.11.2021.

Other than the above, all the relevant details in our intimation letter dated 03.11.2021 remains unchanged.

Kindly take the same on your record and acknowledge the receipt.

Thanking you,

For TCPL Packaging Limited

NANAVATI Digitally signed by NANAVATI SOHAN SOHAN GAMANLAL Date: 2021.12.06 14:11:52 GAMANLAL +05'30' Compliance Officer