MoneyWorks4Me

TCPL Packaging acquires additional stake in Creative Offset Printers through rights issue

09 Jan 2023 Evaluate

TCPL Packaging has further invested in rights issue of its subsidiary company viz Creative Offset Printers (COPPL) and has been allotted 45,844 equity shares, aggregating to Rs 2.59 crore. Post allotment of shares as aforesaid, the company holds 84.07% of the share capital of COPPL.

TCPL Packaging is one of leading and largest manufacturers of folding cartons in India. The company manufactures packaging material for the following segments: Cigarette, Liquor, Food, FMCG, etc.

Peers
Company Name CMP
Uflex 663.05
EPL 238.55
AGI Greenpac 803.90
Huhtamaki India 242.40
TCPL Packaging 4107.35
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