TCPL Packaging Ltd. announced that the Board of Directors of the company at its meeting held on May 30, 2014, Board recommended payment of dividend of INR 2.50 per Equity Share of INR 10 each (25%), on the paid up Equity Capital of the company for the year ended March 31, 2014, subject to the approval of the Shareholders of the company at the ensuing Annual General Meeting.

Mr. Pradip Kumar Khaitan Director of the company has resigned from the Board in view of his directorship exceeding the prescribed limit under Companies Act, 2013. The same has been accepted at the meeting of the Board of Directors.