TCPL Packaging Further Invests in Subsidiary Creative Offset Printers
TCPL Packaging Ltd. announced a further investment in its wholly-owned subsidiary, Creative Offset Printers Private Limited (COPPL), on March 24, 2026. The company was allotted 40,317 equity shares in COPPL, totaling Rs. 2.29 crore.This investment maintains TCPL Packaging’s 100% ownership stake in COPPL, as the subsidiary is a wholly-owned entity.
Creative Offset Printers Private Limited was incorporated in India on July 12, 2002, and achieved a total revenue of Rs. 48.62 crore in the financial year 2024-2025. The company manufactures packaging for mobile phone manufacturers and other customers.
The investment is intended to support the expansion of TCPL Packaging's business, driven by increasing demand from mobile phone manufacturers.
Here’s a summary of key details regarding COPPL:
| Particulars | Details |
|---|---|
| Revenue FY 2024-25 | Rs. 48.62 Crores |
| Revenue FY 2023-24 | Rs. 39.83 Crores |
| Revenue FY 2022-23 | Rs. 34.20 Crores |
The acquisition was completed on March 24, 2026, with a cash consideration of Rs. 2.29 crore remitted through normal banking channels. No governmental or regulatory approvals were required for this transaction.
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