Time Technoplast Limited has successfully completed repayment of multiple commercial papers within a span of two days, demonstrating strong liquidity management and adherence to debt obligations. The company completed its second commercial paper repayment on December 24, 2025, following an earlier repayment on December 22, 2025.

Latest Commercial Paper Repayment

The company informed BSE Limited about the timely repayment of commercial paper INE508G14HS1 that reached maturity on December 24, 2025. This repayment was executed in accordance with the company's earlier intimation to BSE Limited on December 9, 2025, where Time Technoplast had fixed December 23, 2025 as the record date for the repayment process.

Sequential Debt Management

The back-to-back commercial paper repayments highlight Time Technoplast's systematic approach to debt management. The first commercial paper with ISIN INE508G14HR3 was repaid on December 22, 2025, followed by the second paper INE508G14HS1 on December 24, 2025. Both repayments were completed on their respective maturity dates without any delays.

Regulatory Compliance Framework

Both repayment processes were conducted in strict compliance with Para 8.4 of Chapter XVII of SEBI's Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021. This circular governs the operational requirements for commercial paper transactions and repayments in the Indian capital markets.

The company certified that the maturity amounts of both commercial papers were repaid in full and on time, reinforcing its commitment to meeting debt obligations and regulatory requirements.

Corporate Communication

Both intimations were signed by Manoj Kumar Mohanlal Mewara, Company Secretary and Compliance Officer of Time Technoplast Limited. The communications were addressed to the General Manager-Listing CRD at BSE Limited as part of the mandatory disclosure requirements for listed companies under SEBI regulations.

Time Technoplast has officially announced the successful completion of trials for India's first hydrogen-powered drone, integrated with Type-III fully wrapped composite hydrogen cylinders and hydrogen fuel-cell systems. The company made this announcement on December 22, 2025, through a regulatory filing, marking a significant technological and commercial milestone in clean aviation technology.

Official Trial Completion and Validation

The hydrogen-powered drone has successfully completed initial performance trials and validation tests, meeting all targeted endurance, payload, and operational parameters. This represents the first successful integration in India of composite hydrogen cylinders made in India with fuel-cell-powered unmanned aerial platforms.

Technological Advantages Over Battery Systems

The hydrogen-powered drone technology delivers compelling operational advantages over battery-based systems. These include 3-5 times longer flight endurance, rapid refueling capabilities within minutes, higher payload capacity, consistent power output, lower lifecycle operating costs, and zero-emission operation.

Market Opportunities and Commercial Implications

The successful trials materially expand the company's addressable market within the rapidly growing global drone ecosystem. With the global drone market estimated at USD 30.00 billion currently and projected to reach USD 70.00 billion by 2033, demand is accelerating for high-performance, long-endurance, and sustainable propulsion solutions.

Hydrogen-powered drones are expected to see increasing adoption across agriculture, surveillance, defence, logistics, emergency response, infrastructure inspection, and environmental monitoring applications. This initiative aligns with the Government of India's Green Hydrogen Mission and the Make-in-India vision.

Strategic Foundation and Future Outlook

This development follows Time Technoplast becoming the first Indian manufacturer to receive Petroleum and Explosives Safety Organization (PESO) approval for Type-III hydrogen composite cylinders. The project has been executed and validated within the committed timeline, reinforcing the company's ability to translate advanced clean-energy technologies into deployable solutions.

The successful demonstration establishes Time Technoplast as a pioneer in India's emerging hydrogen economy and positions the company at the forefront of next-generation clean-energy aviation platforms, unlocking a high-growth applications segment for composite hydrogen storage solutions.