TPL Plastech Limited announced that the Board considered and approved appointment of Mr. Pawan Agarwal, as a Chief Financial Officer (CFO) of the Company with effect from 12 February, 2019, in place of Mr. Murarilal Jangid, since he has retired on achieving age of 60 years, the Board recorded and placed on record their appreciation on the services rendered by him. The Board considered and approved appointment of Mr. Hemant Soni as a Head-Legal & Company Secretary & Compliance Officer of the Company with effect in place of Mr. Mangesh Sarfare, Compliance officer of the Company, at its board meeting held on 12 February, 2019.


The board also approved the proposal for raising of funds by way of issue of Non-Convertible Debentures (NCDs) on private placement basis, in one or more tranches, aggregating upto INR 500 million, if and when required Subject to the approval of Members through Postal Ballot and in compliance of sections 42 and 71 of the Companies Act,2013 read with rules made thereunder at its board meeting held on 12 February, 2019.