Corporate Governance13 Nov 2026, 01:04 pm
Time Technoplast: Monitoring Agency Report for QIP Proceeds (Sep 30, 2026)
AI Summary
Time Technoplast Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its Qualified Institutional Placement (QIP). The report, issued by CARE Ratings Limited, confirms no deviation from the objects of the QIP. The report has been reviewed by the Audit Committee and noted by the Board of Directors. The QIP had raised Rs. 800.00 crore. The report is available on the company's investor relations website.
Key Highlights
- Monitoring Agency Report for QIP proceeds submitted for Q3 FY27.
- CARE Ratings Limited appointed as Monitoring Agency.
- No deviation from QIP utilization objects confirmed.
- Report reviewed by Audit Committee and Board of Directors.
- QIP proceeds aggregated to Rs. 800.00 crore.
Price Impact
More from TIMETECHNO