ALSO READBoard of TCPL Packaging recommends final dividend TCPL Packaging to hold board meeting Apt Packaging standalone net profit declines 82.00% in the March 2017 quarter JMDE Packaging & Realties reports standalone net loss of Rs 0.03 crore in the March 2017 quarter Raj Packaging Industries awarded as SME achiever of 2015-16
Held on 15 July 2017TCPL Packaging announced that the Board of Directors at its meeting held on 15 July 2017 have approved to issue, offer and allot 4,00,000 equity shares of the Company of the face value of Rs. 10 (Rupees Ten) each (Equity Shares) 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 has also decided to hold Extra Ordinary General Meeting of the members of the Company on 9 August 2017
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