TCPL Packaging ESOP Transfer of 508 Shares

Trading Symbol

TCPLPACK

Key Transaction Details

• Number of shares transferred: 508 equity shares
• Transferring entity: TCPL ESOP Trust
• Reason for transfer: Exercise of stock options granted under the Company's stock option plan
• Recipients: Stock option grantees (unspecified individuals)

Financial Impact

Financial impact not quantified in the disclosure. The transaction represents the settlement of previously granted stock options rather than new equity issuance.

Document Purpose

The letter serves to formally notify the stock exchanges of the completed share transfer transaction from the ESOP Trust to option grantees and requests them to take the transaction on record.