Time Technoplast repays commercial paper maturity amount

0 min read     Updated on 23 Jul 2026, 06:09 PM
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Anirudha BScanX News Team
AI Summary

Time Technoplast Ltd certified the timely repayment of its commercial paper maturity amount on July 23, 2026. The company confirmed the full payment for the instrument identified by ISIN INE508G14IH2.

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time technoplast has certified the timely repayment of its commercial paper maturity amount on July 23, 2026. The company confirmed that the payment was made in full for the instrument maturing on that date, ensuring compliance with its debt obligations.

The repayment pertains to a commercial paper issue identified by the ISIN INE508G14IH2. The company had previously fixed July 22, 2026, as the record date for the purpose of this repayment.

The following table details the repayment transaction:

Sr. No. Scrip Code ISIN No. Maturity Date Date of Repayment
1 730960 INE508G14IH2 23-07-2026 23-07-2026

The certification was submitted to the stock exchange in reference to Para 8.4 of Chapter XVII of the SEBI Master Circular. The confirmation was signed by Bharat Kumar Vageria, Managing Director of Time Technoplast Ltd.

Historical Stock Returns for Time Technoplast

1 Day5 Days1 Month6 Months1 Year5 Years
+1.93%-1.11%+17.37%+20.18%-3.50%+410.91%

How will this successful repayment impact Time Technoplast's ability to secure favorable interest rates for future debt issuances?

Does the company have plans to refinance or raise additional capital following the clearance of this commercial paper obligation?

What is the current status of the company's overall debt profile and leverage ratio after this repayment?

Time Technoplast secures ₹38.14 crore HPCL order for composite LPG cylinders

1 min read     Updated on 18 Jul 2026, 12:44 AM
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Time Technoplast secured a ₹38.14 crore order from Hindustan Petroleum Corporation Limited (HPCL) for supplying 1,40,000 Type IV Composite LPG Cylinders. The order, received via the Government e-Marketplace (GeM), is to be executed within six months and supports HPCL's new distribution model involving quick-commerce platforms.

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Time Technoplast has secured a Government e-Marketplace (GeM) contract from Hindustan Petroleum Corporation Limited (HPCL) for the supply of 1,40,000 numbers of 10 kg Composite LPG Cylinders, valued at approximately ₹38.14 crore. This order underscores the accelerating adoption of composite LPG cylinders by India's leading oil marketing companies, driven by their superior safety, lightweight construction, and enhanced consumer convenience. The contract reinforces the company's leadership position in the composite cylinder business and supports the transition towards modern, customer-centric LPG distribution across the country.

The order assumes added significance as HPCL has recently introduced an innovative distribution model for composite LPG cylinders through leading quick-commerce platforms, enabling on-demand delivery to consumers. This customer-centric initiative marks an important advancement in LPG distribution by enhancing convenience and accessibility while supporting the rapid adoption of next-generation composite LPG cylinders. Time Technoplast's participation in this initiative underscores its continued commitment to delivering innovative and sustainable packaging solutions aligned with the evolving needs of India's energy sector.

Order Details

The following table outlines the key parameters of this order:

Parameter Details
Company: Time Technoplast
Order Value: ₹38.14 Crore (Approx.)
Product: Type IV Composite LPG Cylinders
Quantity: 1,40,000 numbers of 10 kg cylinders
Ordered By: Hindustan Petroleum Corporation Limited (HPCL)
Nature of Order: Supply of Product – TYPE IV Composite LPG Cylinder
Execution Period: Within six months

Regulatory and Classification Details

The order was awarded by a domestic entity and is classified as a supply contract. It does not fall within related party transactions, and the promoter group has no interest in the entity awarding the order. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Time Technoplast

1 Day5 Days1 Month6 Months1 Year5 Years
+1.93%-1.11%+17.37%+20.18%-3.50%+410.91%

Will HPCL's quick-commerce distribution model drive similar partnerships with other oil marketing companies?

How will this six-month execution timeline impact Time Technoplast's production capacity and quarterly revenue?

Is this contract likely to trigger larger volume orders from HPCL or other state-run energy firms?

More News on Time Technoplast

1 Year Returns:-3.50%