TCPL Packaging Limited — Capital/Financing Update 2024

Nov 5, 2024

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5[th] November 2024

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 is to inform you that TCPL Packaging Limited (“the Company”) has further invested in Rights Issue of Creative Offset Printers Private Limited (“COPPL”), wholly owned subsidiary company and has been allotted 72798 equity shares, aggregating to Rs. 4.00 crores.

Being a wholly owned subsidiary, there is no change in the shareholding percentage of the Company in COPPL, pursuant to this investment. The disclosure required pursuant to Regulation 30 read with Schedule III Part A of the Listing Regulations 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”

Kindly take the same on your record.

For TCPL Packaging Limited

HARISH Digitally signed by HARISH ANCHAN ANCHAN Date: 2024.11.05 16:31:46 +05'30' Compliance Officer

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ANNEXURE

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

Sr. No.	Particulars	Details
a)	Name of the target entity, details in brief such as size. turnover etc.	Creative Offset Printers Private Limited (“COPPL”). During the Financial Year 2023-2024 COPPL achieved a total revenue of Rs. 39.83 Crores
b)	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arm's length	The current investment falls under the purview of the transaction with related parties. Except for being a wholly owned subsidiary of TCPL Packaging Limited, the Promoter / promoter group/ group companies of the Company do not have any interest in COPPL.
c)	Industry to which the entity being acquired belongs;	COPPL is engaged in the business of manufacturing of boxes required by Mobile phone manufacturing Companies and other customers.
d)	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);	Expansion of business. COPPL (wholly owned subsidiary Company) is in the business of packaging i.e. cartons and boxes required by mobile phone manufacturing companies and other customers. Large number of different 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 regulatory approvals required for the acquisition;	Not Applicable
f)	Indicative time period for completion of the acquisition;	The Company has been allotted 72798 equity shares of COPPL on 5th November 2024
g)	Nature of consideration - whether cash consideration or share swap and details of the same;	Cash Consideration by way of remittance through normal banking channel.
h)	Cost of acquisition or the price at which the shares are acquired;	Allotment of 72798 equity shares at an aggregate amount of Rs. 4.00 crores
i)	Percentage of shareholding / control acquired and / or number of shares acquired;	With the current investment, the Company’s shareholding in COPPL remains at 100%

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j) Brief background about the entity Incorporated on 12[th] July 2002, COPPL is acquired in terms of products/line of a packaging company specializing in business acquired, date of mobile phone packaging business. The incorporation, history of last 3 years registered office of COPPL is located in turnover, country in which the New Delhi and factory is located in acquired entity has presence and Greater Noida. any other significant information (in brief); Total audited revenue for the last three financial years is as follows: Revenue FY 2023-24: Rs. 39.83 Crores; Revenue FY 2022-23: Rs. 34.20 Crores; Revenue FY 2021-22: Rs. 26.04 Crores;

Kindly take the same on record.

Thanking You

For TCPL Packaging Limited

HARISH Digitally signed by HARISH ANCHAN ANCHAN Date: 2024.11.05 16:33:32 +05'30' Compliance Officer