StockWatch
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Packaging
Shareholding30 Jun 2026, 05:50 pm

Narmada Fintrade Acquires 20.99% Stake in TCPL Packaging

AI Summary

Narmada Fintrade Private Limited, along with Persons Acting in Concert (PACs), has acquired a significant stake in TCPL Packaging Limited. The acquisition, made through open market purchases, has increased Narmada Fintrade's holding to 20.99% of the total equity share capital. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total diluted share capital of TCPL Packaging Limited is 9,100,000 equity shares of Rs. 10 each.

Key Highlights

  • Narmada Fintrade's stake in TCPL Packaging rises to 20.99%.
  • Acquisition made via open market purchases.
  • Disclosure filed under SEBI Takeover Regulations.
  • Several individuals and entities are identified as PACs.
  • Total diluted share capital stands at 9,100,000 equity shares.