Narmada Fintrade Private Limited, acting as part of the promoter group, has filed a regulatory disclosure with the Bombay Stock Exchange and National Stock Exchange of India regarding an acquisition of shares in TCPL Packaging Limited.
The disclosure comprises two parts:
1. Form C under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015
2. Disclosure under regulation 29(1) and 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011
Acquisition Details
Target Company: TCPL Packaging Limited
Acquirer and Persons Acting in Concert (PAC): Narmada Fintrade Private Limited along with the following PAC members: Saket Kanoria, Accura Form Private Limited, Samridhi Holding Private Limited, Saubhagya Investors & Dealers Pvt Ltd, Urmila Kanoria, Kahini Saket Kanoria, Akshay Kanoria, Rishav Kanoria, Vidur Kanoria, Sangita Jindal, and Sajjan Jindal.
Pre-acquisition Holding (Narmada Fintrade Private Limited):
- Shares carrying voting rights: 18,85,911
- Percentage of total share/voting capital: 20.72%
- Percentage of total diluted share/voting capital: 20.72%
- No shares were encumbered (pledge/lien/non-disposal undertaking)
- No voting rights otherwise than by shares
- No warrants/convertible securities/other instruments
Acquisition Details:
- Number of shares acquired: 24,417
- Percentage of total share/voting capital: 0.27%
- Percentage of total diluted share/voting capital: 0.27%
- Mode of acquisition: Open Market/Inter-se transfer
- Date of acquisition: June 25, 2026
Post-acquisition Holding (Narmada Fintrade Private Limited):
- Total shares carrying voting rights: 19,10,328
- Percentage of total share/voting capital: 20.99%
- Percentage of total diluted share/voting capital: 20.99%
Capital Structure Impact:
- Equity share capital before acquisition: 9,100,000 equity shares of ₹10 each
- Equity share capital after acquisition: 9,100,000 equity shares of ₹10 each
- Total diluted share/voting capital after acquisition: 9,100,000 equity shares of ₹10 each
The acquisition did not change the total equity capital of TCPL Packaging Limited. The disclosure was signed by K K Kanoria, Chairman of Narmada Fintrade Private Limited, from their branch office at Empire Mills Complex, 414, Senapati Bapat Marg, Lower Parel, Mumbai-400 013.