TPL PLASTECH LTD.

TPL Plastech Ltd has announced that its trading window for dealing in securities will be closed from October 01, 2026, until 48 hours after the declaration of its Unaudited Financial Results for the Quarter and Half Year ended September 30, 2026. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, to prevent insider trading. The company will intimate the date of the Board meeting to consider these results in due course.

TPL Plastech Limited's Board, Audit Committee, and Committee of Independent Directors have approved the scheme of amalgamation (merger by absorption) with Time Technoplast Limited (TTL). The merger is effective from April 1, 2026. The share exchange ratio is set at 403 fully paid-up equity shares of TTL (₹1 each) for every 1,000 fully paid-up equity shares of TPL (₹2 each). TPL Plastech is a 74.86% subsidiary of TTL. The rationale behind the merger is to integrate manufacturing units and product lines, aiming for rationalized, product-focused unit-wise operations. The scheme is contingent on receiving all necessary statutory and regulatory approvals, including from NCLT, BSE, NSE, and the respective shareholders and creditors.

TPL Plastech Limited's Board of Directors, along with the Audit Committee and Committee of Independent Directors, has approved the scheme of amalgamation (merger by absorption) with Time Technoplast Limited (TTL). The merger is effective from April 1, 2026. Under the scheme, TPL shareholders will receive 403 equity shares of TTL for every 1,000 shares held in TPL. The transaction is subject to statutory and regulatory approvals, including from stock exchanges and the National Company Law Tribunal. TPL Plastech is a 74.86% subsidiary of TTL.

TPL Plastech Ltd has announced that its Board of Directors will convene on September 29, 2026, to deliberate and approve a proposed Scheme of Merger. This merger involves TPL Plastech Limited (Transferor Company) being merged into Time Technoplast Limited (Transferee Company). The agenda includes the approval of the scheme, its valuation report, and a fairness opinion. The merger is planned under Sections 230-232 of the Companies Act, 2013, and SEBI regulations, subject to necessary statutory and regulatory approvals, including those from shareholders, stock exchanges, and the National Company Law Tribunal (NCLT).

TPL Plastech reported a strong performance for FY26, with revenue increasing by 20.9% to ₹422.7 Cr, driven by a 21% volume growth. EBITDA grew 19.0% to ₹48.4 Cr, and Profit After Tax surged 23.2% to ₹29.1 Cr. The company's Return on Capital Employed improved to 22.5%. Total debt was reduced by ₹26 Cr. The momentum continued into Q1 FY27, with revenue up 37.6% year-on-year to ₹124.4 Cr. The company also announced the commencement of operations at a new facility in Bhuj, Gujarat, with an installed capacity of 150,000 IBCs per annum, projecting an additional revenue potential of ₹100 Cr. This expansion is part of TPL Plastech's strategy to enhance its manufacturing footprint across five locations in India.

TPL Plastech Ltd has fixed September 15, 2026, as the record date to determine eligible shareholders for the final dividend for the Financial Year 2025-2026. The dividend, if approved at the 33rd Annual General Meeting (AGM) scheduled for September 22, 2026, will be ₹1.30 per equity share. Shareholders holding physical shares are advised to update their KYC details before the record date to avoid dividend withholding. The company has also provided details for updating bank account information with its Registrar and Transfer Agent (RTA).

TPL Plastech Ltd has released its Annual Report for the Financial Year 2025-2026, along with the Notice for its 33rd Annual General Meeting (AGM). The report details the company's performance and strategic outlook. The AGM will be held on September 22, 2026, via Video Conferencing. Key agenda items include the adoption of audited financial statements (standalone and consolidated) for FY26, declaration of a dividend of ₹1.30 per equity share (65%), and the reappointment of a director retiring by rotation. The company is distributing the annual report electronically to members with registered email addresses and providing web-links to others. The report is also available on the company's website.

TPL Plastech Ltd has announced its 33rd Annual General Meeting (AGM) will be held on Tuesday, September 22, 2026, at 12:00 Noon. The meeting will be conducted through Video Conferencing (VC) and Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for the fiscal year ended March 31, 2026, declaration of a dividend of ₹1.30 per equity share, re-appointment of Mr. Mangesh Sarfare as a director, and the appointment of Mr. Pradip Kumar Das as an Independent Director for a five-year term.

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.

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 aims to consolidate the group structure, optimize manufacturing units, and enhance operational efficiency and competitive strength. The board also approved the appointment of Mr. Sunil Vyas as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective October 1, 2026. This follows the resignation of the current CFO, Mr. Pawan Agarwal, who will be stepping down on September 30, 2026, to pursue other opportunities. The merger is subject to further approvals and requires the appointment of consultants for drafting the Scheme of Amalgamation, a registered valuer, and a merchant banker to determine the swap ratio.