Time Technoplast repays commercial paper maturity amount

0 min read     Updated on 29 Jun 2026, 10:39 PM
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Suketu GScanX News Team
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Time Technoplast Ltd repaid the maturity amount of its commercial paper on June 29, 2026. The company confirmed that the repayment was made in full and on time, adhering to the record date of June 25, 2026. The repayment was certified by Manoj Kumar Mohanlal Mewara, Company Secretary & Compliance Officer.

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Time Technoplast Ltd repaid the maturity amount of its commercial paper on June 29, 2026. The company confirmed that the repayment was made in full and on time, adhering to the record date of June 25, 2026, established for this purpose.

The repayment was certified by Manoj Kumar Mohanlal Mewara, Company Secretary & Compliance Officer. The intimation was submitted to BSE Limited, referencing Para 8.4 of Chapter XVII of Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021.

The commercial paper details are as follows:

Sr. No. Scrip Code ISIN No. Maturity Date Date of Repayment
1 730870 INE508G14IF6 29-06-2026 29-06-2026

The company's registered office is located in Daman, and its corporate office is in Mumbai. Time Technoplast Ltd is listed on the BSE with the scrip code 730870.

Historical Stock Returns for Time Technoplast

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%+0.71%+0.84%-3.18%-20.88%+324.99%

Does Time Technoplast plan to issue new commercial paper to fund future working capital requirements?

How will this repayment impact the company's debt-to-equity ratio in the upcoming financial quarter?

What is the company's current credit rating following the successful repayment of this short-term debt?

Time Technoplast promoter group consolidates holding via inter-se transfer

1 min read     Updated on 24 Jun 2026, 01:21 PM
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Time Technoplast Limited disclosed an inter-se transfer of 10,00,000 equity shares within its promoter group on June 23, 2026. Time Securities Services Private Limited acquired the shares from three individual promoters to consolidate shareholding. The aggregate holding of the promoter and promoter group remains unchanged at 47.56% of the paid-up share capital following this transfer.

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[Time Technoplast Limited](time technoplast) disclosed an inter-se transfer of 10,00,000 equity shares within its promoter group on June 23, 2026. Time Securities Services Private Limited acquired the shares from three individual promoters to consolidate shareholding. The aggregate holding of the promoter and promoter group remains unchanged at 47.56% of the paid-up share capital following this transfer.

Time Securities Services Private Limited purchased 2,00,000 shares from Mr. Naveen Kumar Jain, 4,00,000 shares from Mr. Raghupathy Thyagarajan, and 4,00,000 shares from Mr. Vishal Anil Jain. The shares were acquired through the open market at an average price of ₹176.52 per share. The total acquisition represents 0.20% of the company's equity share capital.

The transaction falls under the exemptions provided in 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 exempt from making an open offer. The disclosure was submitted to BSE Limited and the National Stock Exchange of India Ltd. in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Details

The transfer resulted in changes to the individual holdings of the promoters while the total promoter group percentage remained stable. Time Securities Services Private Limited increased its stake, while the selling promoters reduced their respective holdings.

Shareholder Pre-Transaction Shares Pre-Transaction % Post-Transaction Shares Post-Transaction %
Time Securities Services Private Limited 8,46,92,772 17.16 8,56,92,772 17.36
Mr. Naveen Kumar Jain 89,97,500 1.82 87,97,500 1.78
Mr. Raghupathy Thyagarajan 90,77,500 1.84 86,77,500 1.76
Mr. Vishal Anil Jain 5,99,880 0.12 1,99,880 0.04
Vishwalaxmi Trading and Finance Private Limited 7,02,01,018 14.22 7,02,01,018 14.22
Time Exports Private Limited 4,47,64,938 9.07 4,47,64,938 9.07
Bharat Kumar Vageria 91,29,500 1.85 91,29,500 1.85
Ritu Jain 71,32,500 1.44 71,32,500 1.44
Aruna Bharat Vageria 2,00,000 0.04 2,00,000 0.04
Total 23,47,95,608 47.56 23,47,95,608 47.56

Historical Stock Returns for Time Technoplast

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%+0.71%+0.84%-3.18%-20.88%+324.99%

Does this consolidation of shares into Time Securities Services signal a potential restructuring of the promoter group's ownership hierarchy?

Will the individual promoters who reduced their stakes continue to decrease their holdings in the near future?

How might this shift in ownership distribution influence the company's future corporate governance decisions?

More News on Time Technoplast

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1 Year Returns:-20.88%