Promoters and members of the promoter group of Time Technoplast Limited have confirmed that they did not create any new encumbrances on their shareholdings during the financial year ended March 31, 2026. This declaration, submitted to the stock exchanges on April 02, 2026, confirms that no shares were pledged directly or indirectly beyond those already disclosed to the exchanges.

The disclosures were filed by key promoter entities and individuals, including Time Securities Services Pvt. Ltd., Vishwalaxmi Trading & Finance Pvt. Ltd., and Time Exports Pvt. Ltd. Individual promoters such as Bharat Kumar Vageria, Raghupathy Thyagarajan, and Naveen Kumar Jain also submitted similar confirmations regarding their holdings.

The filings were addressed to the National Stock Exchange of India Ltd. and BSE Limited, as well as the company's Audit Committee. The declarations were made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which requires periodic disclosure of encumbered shares by promoters.

Signatories to the Disclosure

The following entities and individuals provided the confirmations:

The confirmations state that the shareholdings remain free from fresh encumbrances, ensuring transparency for shareholders regarding the financial leverage of the company's controlling stakeholders.

Time Technoplast Limited has received an intimation regarding an inter-se transfer of 10,50,000 equity shares between promoters scheduled for June 22, 2026. Time Securities Services Private Limited will acquire the shares from three individual promoters to consolidate holdings within the group. The aggregate holding of the promoter and promoter group remains unchanged at 47.56% of the paid-up share capital of the company following this transaction.

The transfer falls under the exemptions provided by Regulation 10(1)(a)(ii) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Consequently, the acquirer is not required to make an open offer. The transaction price will not exceed the limits specified in the proviso to Regulation 10(1)(a) of the said regulations.

Shareholding Details

The table below details the proposed acquisition and the resulting changes in shareholding for the acquirer and the sellers. The total shares to be acquired represent 0.21% of the company's share capital.

Promoter Group Holding

The following table outlines the shareholding of the promoter and promoter group before and after the proposed inter-se transfer. The total percentage of holding remains constant at 47.56%.

The acquirer has declared that the transferor and transferee have complied with applicable disclosure requirements under Chapter V of the Takeover Regulations, 2011. The necessary disclosures were submitted to the stock exchanges on June 15, 2026.