TPL Plastech gets in-principle approval for merger with Time Technoplast

TPL Plastech Limited's Board of Directors has granted in-principle approval for the merger of the company with its holding company, Time Technoplast Limited. The merger, subject to further approvals, aims to consolidate the group structure, optimize manufacturing units and product lines, and enhance the combined entity's competitive strength and operational efficiency. The appointed date for the merger is April 01, 2026. Additionally, the board approved the appointment of Mr. Sunil Vyas as the new Chief Financial Officer (CFO) effective October 1, 2026, and accepted the resignation of the current CFO, Mr. Pawan Agarwal, effective September 30, 2026.