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TCPL Packaging gets nod to raise Rs 24 crore through private placement

15 Jul 2017 Evaluate

TCPL Packaging has received an approval to issue, offer and allot 4 lakh equity shares of face value of Rs 10 each at a price of Rs 600 (including premium of Rs 590) per equity share on a preferential basis through private placement, for a total consideration of Rs 24 crore. The Board of Directors of the company at their meeting held on July 15, 2017, has approved for the same.

TCPL Packaging is one of India’s largest manufacturers of folding cartons, and India’s largest standalone converter of paperboard. TCPL manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs and shelf-ready packaging.

TCPL Packaging Share Price

2968.55 -38.85 (-1.29%)
23-Jun-2026 11:23 View Price Chart
Peers
Company Name CMP
Uflex 430.95
EPL 234.90
AGI Greenpac 727.10
Huhtamaki India 193.85
TCPL Packaging 2968.55
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