TCPL Packaging promoter Saket Kanoria has reduced his shareholding in the packaging firm following the disposal of 1,000 equity shares. The transaction, executed on September 23, 2026, brings his total holding down to 42,004 shares, representing 0.46% of the company's total voting capital.

The disclosure was filed with the Bombay Stock Exchange and the National Stock Exchange on September 24, 2026. It was submitted under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction details

The sale was conducted through an off-market or inter-se transfer mechanism. Prior to this transaction, Kanoria held 43,004 shares, which constituted 0.47% of the total share capital. The disposal of 1,000 shares accounts for a marginal decrease of 0.01% in his ownership percentage.

The total equity share capital of TCPL Packaging remains unchanged at 9,100,000 equity shares of ₹10 each. There are no outstanding convertible securities or warrants that would alter the diluted share capital figures.

Promoter group context

Saket Kanoria is part of the promoter group, which includes entities such as Accura Form Private Limited, Narmada Fintrade Private Limited, and Samridhi Holding Private Limited. Other individuals in the Persons Acting in Concert (PAC) category include Urmila Kanoria, Kahini Saket Kanoria, Akshay Kanoria, Rishav Kanoria, Vidur Kanoria, Sangita Jindal, and Sajjan Jindal.

The filing confirms that the acquirer belongs to the Promoter/Promoter group category. The compliance officer at TCPL Packaging Limited was copied on the communication for record-keeping purposes.

TCPL Packaging Limited disclosed that Veer Kanoria, acting through his guardian Akshay Kanoria, acquired 1,000 equity shares of the company. The transaction was executed on September 23, 2026, via an off-market inter-se transfer.

The acquisition represents a holding of 0.01% of the total share and voting capital. Prior to this transaction, Veer Kanoria’s direct holding was zero. The shares have a face value of ₹10 each. The company’s total equity share capital remains unchanged at 9,100,000 equity shares of ₹10 each following the transfer.

Regulatory disclosures

The disclosure was submitted to both the Bombay Stock Exchange and the National Stock Exchange under Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. It also included a continual disclosure under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Veer Kanoria is part of the promoter group. The Persons Acting in Concert (PACs) listed in the disclosure include several entities and individuals associated with the promoter family, such as Accura Form Private Limited, Narmada Fintrade Private Limited, Samridhi Holding Private Limited, Saubhagya Investors & Dealers Pvt Ltd, Saket Kanoria, Urmila Kanoria, Kahini Saket Kanoria, Akshay Kanoria, Rishav Kanoria, Vidur Kanoria, Sangita Jindal, and Sajjan Jindal.

Transaction details

The filing confirms that the acquirer belongs to the promoter group. The total diluted share capital also stands at 9,100,000 equity shares of ₹10 each, indicating no outstanding convertible securities or warrants affecting the diluted count at the time of disclosure.