Investment24 Mar 2026, 05:24 pm
TCPL Packaging Invests in Wholly Owned Subsidiary Creative Offset Printers for Rs. 2.29 Crore
AI Summary
TCPL Packaging Limited has invested in the Rights Issue of its wholly owned subsidiary, Creative Offset Printers Private Limited (COPPL). The investment amounts to Rs. 2.29 crore, for which the Company has been allotted 40317 equity shares. COPPL, a packaging company specializing in mobile phone packaging, has achieved a total revenue of Rs. 48.62 Crores in the Financial Year 2024-2025. This investment is aimed at expanding the business, considering the increasing demand for mobile phone production and subsequent packaging needs.
Key Highlights
- TCPL Packaging invested Rs. 2.29 crore in Creative Offset Printers Private Limited (COPPL).
- The investment was made in the Rights Issue of COPPL, a wholly owned subsidiary of TCPL Packaging.
- TCPL Packaging received 40317 equity shares in COPPL as part of the investment.
- COPPL is a packaging company specializing in mobile phone packaging business.
- The investment is aimed at expanding the business, considering the increasing demand for mobile phone production and subsequent packaging needs.