
Board Meeting24 Sept 2026, 09:56 pm
Time Technoplast Board to Consider Merger Scheme with TPL Plastech
AI Summary
Time Technoplast Ltd has announced a Board of Directors meeting scheduled for September 29, 2026. The primary agenda item is to consider and approve a proposed Scheme of Merger. This scheme involves the merger of TPL Plastech Limited, a subsidiary where Time Technoplast holds a 74.86% stake, into the parent company, Time Technoplast Limited. The approval process will include reviewing a valuation report and fairness opinion, and is subject to various statutory and regulatory approvals, including those from shareholders, stock exchanges, and the National Company Law Tribunal (NCLT).
Key Highlights
- Board meeting scheduled for September 29, 2026.
- Agenda includes approval of a merger scheme.
- TPL Plastech Limited, a subsidiary, will merge into Time Technoplast.
- Merger subject to regulatory and shareholder approvals.
Price Impact
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