TCPL Packaging Limited — Capital/Financing Update 2023

Jan 7, 2023

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07.01.2023

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/Madam,

Re:- Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

This has reference to your email sent on 07.01.2023 seeking additional details in respect of the submission made by the Company vide its letter dated 06.01.2023 about investment in Rights Issue of its subsidiary company viz Creative Offset Printers Private Limited (COPPL)

In the said connection, the disclosure required pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFO/CMD/4/2015 dated 9 September 2015 is enclosed as “ Annexure A ”.

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

Thanking you,

For TCPL Packaging Limited

SOHAN Digitally signed by SOHAN GAMANLAL GAMANLAL NANAVATI Date: 2023.01.07 14:02:22 NANAVATI +05'30' Compliance Officer

Cc to

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

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ANNEXURE A

Details with respect to the acquisition as required under Regulation 30 read with Schedule III Part A Para A (1) of the Listing Regulations and SEBI Circular CIR/CFD/CMD/4/2015 dated 9 September 2015

Details to be disclosed - Acquisition (including agreement to acquire)

Sr.	Particulars	Details
No.
a)	Name of the target entity, details in	Creative Offset Printers Private Limited
	brief such as size. turnover etc.	(“COPPL”). During the Financial Year
		2021-2022COPPLachievedatotal
		revenue of Rs. 26.04 Crores
b)	Whether the acquisition would fall	The allotment of shares of COPPL is not a
	within related party transaction(s)	related party transaction for the Company.
	and whether the promoter/ promoter
	group/ group companies have any	The promoter/ promoter group/ group
	interest in the entity being acquired?	companies of the Company have no
	If yes, nature of interest and details	interest in the entity whose shares are
	thereof and whether the same is	being purchased.
	done at "arm's length
c)	Industry to which the entity being	COPPL is engaged in the business of
	acquired belongs;	manufacturing of boxes required by Mobile
		phonemanufacturingCompaniesand
		other customers.
d)	Objects and effects of acquisition	Expansion of business. COPPL (subsidiary
	(includingbutnotlimitedto,	Company) is in the business of packaging
	disclosure of reasons for acquisition	i.e. cartons and boxes required by mobile
	of target entity, if its business is	phone manufacturing companies and other
	outside the main line of business of	customers. Large number of different
	the listed entity);	manufacturers are expanding in mobile
		phone production. This would result in
		increasing the packaging share of the
		Company.
e)	Brief details of any governmental or	Not Applicable
	regulatory approvals required for the
	acquisition;
f)	Indicative time period for completion	The Company is allotted 45,844 equity
	of the acquisition;	shares of COPPL on 06.01.2023
g)	Nature of consideration - whether	The Consideration is paid in cash.
	cash consideration or share swap and
	details of the same;
h)	Cost of acquisition or the price at	Allotment of 45,844 shares at Rs. 2.59
	which the shares are acquired;	crores
i)	Percentage of shareholding / control	Pursuant to allotment of 45844 equity
	acquired and / or number of shares	shares and the company holds 84.07 % of
	acquired;	the share capital of COPPL

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j) Brief background about the entity Incorporated on 12.07.2002, COPPL is a acquired in terms of products/line of packaging company specializing in mobile business acquired, date of phone packaging business. The registered incorporation, history of last 3 years office of COPPL is located in New Delhi and turnover, country in which the factory is located in Greater Noida. acquired entity has presence and any other significant information (in Total audited revenue for the last three brief); financial years is as follows: Revenue FY 2021-22: Rs. 26.04 Crores; Revenue FY 2020-21: Rs. 26.68 Crores; Revenue: FY 2019-20: Rs. 34.86 crores

Kindly take the same on record and acknowledge the receipt.

Thanking You

For TCPL Packaging Limited

SOHAN Digitally signed by SOHAN GAMANLAL GAMANLAL NANAVATI Date: 2023.01.07 14:03:33 NANAVATI +05'30' Compliance Officer

Cc to

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