TPL Plastech to raise Rs 50 crore via NCDs

TPL Plastech has received approval to raise funds aggregating upto Rs 50 crore by way of issue of Non-Convertible Debentures (NCDs) on private placement basis, in one or more tranches. The Board of Directors of the Company at its meeting held on February 12, 2019 has approved the same.

TPL Plastech Ltd is engaged in the manufacture of extrusion blow moulded high molecular high density polyethylene containers/barrels in India.