Time Technoplast Ltd approves merger with subsidiary and investment in Time Intercontinental Ltd
Time Technoplast · Industrial Products
Key highlights
- Board approved merger of TPL Plastech Limited (subsidiary) with Time Technoplast Limited, with April 1, 2026 as appointed date, subject to approvals and determination of swap ratio.
- Board decided not to proceed with acquisition of 74% stake in Ebullient Packaging Private Limited after due diligence and changing business environment.
- Board approved investment up to ₹50 crore in tranches over 12 months to acquire up to 65% stake in Time Intercontinental Limited, a newly incorporated trading company promoted by promoters of Time Technoplast Ltd.
Why it's rated notable: The filing is an in-principle board approval, subject to a scheme, valuation and swap ratio not yet determined, for merging a 74.86% subsidiary into its holding company with no stated value, which is medium at most under the rule for internal restructurings.
Original filing
In-Principle Approval For Merger Of TPL Plastech Limited (Subsidiary Company) With Time Technoplast Limited (Holding Company), Subject To Further Approvals
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Aerospace & Defense
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from Time Technoplast
- Acquisition / mergerNotableTime Technoplast board approves TPL Plastech merger, subject to approvals
- Acquisition / mergerNotableTime Technoplast board approves merger of TPL Plastech; Appointed Date April 1, 2026
- Acquisition / mergerNotableTime Technoplast Ltd announces Board Meeting to approve merger scheme with TPL Plastech
- Acquisition / mergerNotableTime Technoplast Ltd approves merger and investment, rejects acquisition of EPPL
- Acquisition / mergerNotableTime Technoplast Limited to discuss merger of TPL Plastech on August 26, 2026
Other acquisition / merger filings this fortnight
- IndiGrid Infrastructure Trust Q2 FY27 Earnings Conference Call Transcript Released
- Cubical Financial Services Ltd announces promoter reclassification post open offer
- Novus Loyalty Limited approves acquisition of AutoPe Payment Solutions via share swap
- Shish Industries Limited files Composite Scheme of Amalgamation proposal
- Jubilant Ingrevia Limited updates on acquisition of 40% stake in Zettaone Technologies
- NHC Foods approves quarter results, 99.98% Sachmaas Foods investment, two appointments
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.