TCPL Packaging Limited — Important, 19-12-2024: Updates

The TCPL ESOP Trust has facilitated the transfer of equity shares following the exercise of stock options under the company's Stock Option Plan. A total of 162 shares were exercised and subsequently transferred to the stock option grantee. This move reflects the ongoing commitment to employee stock ownership and aligns with the company's long-term strategy to enhance employee engagement and incentivization. This development may have positive implications for employee morale and retention, reinforcing a culture of ownership and shared success within the firm.