Date: September 24, 2026

Disinvestment / Strategic Actions

  • TCPL Packaging Limited has incorporated a wholly owned subsidiary named TCPL Energy Materials Limited (TEML)
  • Certificate of Incorporation was issued by the Ministry of Corporate Affairs, Government of India on September 24, 2026
  • The subsidiary is incorporated with an Authorized Share Capital of ₹10,00,00,000 (₹10 crore)
  • TCPL Packaging Limited is the promoter of TEML and will hold 100% of the paid-up share capital
  • The acquisition falls under related party transaction as TEML is a wholly owned subsidiary
  • Consideration method: Subscription of shares in TEML by way of cash consideration
  • TEML is yet to commence business operations (incorporated on September 24, 2026)

Business Operations Description

  • TEML will engage in manufacture of lithium-ion battery separator films
  • These films are components of Advanced Chemistry Cell (ACC) batteries
  • Target applications include: electric vehicles, grid-scale energy storage, and other applications
  • This represents diversification outside TCPL Packaging's main line of business

Geographic Information

  • TEML is registered with the Registrar of Companies, Maharashtra, Mumbai

Not Specified Sections

  • KMP / Board / Auditor Changes: Not specified
  • Dividend Declaration or Non-Declaration: Not specified
  • Board Meeting Outcomes: Not specified
  • Financial Results: Not specified
  • Auditor's Report: Not specified
  • Media Release / Investor Communication: Not specified