All time plastics Limited has signed a strategic Memorandum of Understanding with the North East Cane and Bamboo Development Council (NECBDC) to advance engineered bamboo initiatives in India's northeastern region. The agreement was formalized on January 25, 2026, marking a significant step toward sustainable material development and regional ecosystem growth.

Partnership Framework and Scope

The MoU was signed at Guwahati in the presence of Honourable Union Minister of Development of North Eastern Region, Shri Jyotiraditya M. Scindia. Under this agreement, ATPL has been empanelled as a Product and Market Development Partner (PMDP) to support initiatives relating to the development and value addition of engineered bamboo boards and panels originating from the North Eastern Region.

Strategic Focus Areas

The proposed engagement is designed to support ecosystem-level interventions across multiple critical areas. The collaboration will focus on product development and prototyping, manufacturing process inputs, and sustainability and certification readiness, including FSC and other applicable standards. Additionally, the partnership aims to establish domestic and export market linkage for engineered and value-added bamboo products.

The engagement provides ATPL with a structured entry point into the engineered bamboo ecosystem, aligned with its long-term focus on responsible sourcing and material diversification. Any commercial engagement, investment deployment, or revenue model will be governed exclusively through separate, assignment-specific agreements, subject to ATPL's internal approvals, commercial evaluation, and applicable regulatory requirements.

Leadership Perspectives

Commenting on the collaboration, Mr. Kailesh Shah, Chairman & Managing Director, All Time Plastics Limited, stated that the MoU provides a structured and policy-supported framework to explore collaboration in the engineered bamboo segment, which is gaining relevance globally as a sustainable and renewable material. He emphasized that the engagement aligns with the company's long-term priorities around material diversification, sustainability and responsible sourcing, while maintaining full commercial flexibility.

Mr. M.C. Omi Ningshen, Managing Director, NECBDC, highlighted that NECBDC is advancing the promotion of engineered bamboo as a modern, industrial material—moving beyond traditional uses to high-value boards, panels, and structural applications. He noted that the engagement brings critical industry expertise in product engineering, quality standardisation, and market-led design to help bridge the gap between bamboo clusters in the North Eastern Region and national as well as global markets.

Company Background

All Time Plastics Limited operates as a leading Indian manufacturer and exporter of injection-moulded household and consumerware products, with manufacturing operations dating back to 1971. The company operates three fully integrated manufacturing facilities located at Daman, Silvassa and Khatalwada (Gujarat), with an installed capacity of approximately 37,000 metric tonnes per annum as of Q2FY26.

The company has also established a pilot bamboo-based products facility, reflecting its focus on material innovation and sustainable product offerings. This existing infrastructure positions ATPL well for the expanded bamboo initiatives under the new partnership with NECBDC.

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All Time Plastics Limited has announced significant changes to its senior management team, appointing Amitrajit Ghosh as Chief Human Resource Officer (CHRO) effective December 18, 2025. The appointment comes as part of a restructuring initiative that will see changes in the company's HR leadership structure.

Management Changes Overview

The company has made two key announcements regarding its senior management personnel. The changes reflect a strategic restructuring of the HR department's reporting structure and leadership hierarchy.

New CHRO Profile

Amitrajit Ghosh brings substantial experience to his new role, with over 25 years of expertise spanning multiple areas of human resources management. His professional background encompasses:

• Talent Strategy development and implementation
• Organizational Development initiatives
• Employee Relations management
• Global HR Management operations

Professional Experience

Ghosh has held significant positions across several prominent organizations, including:

• Dow Chemical International Pvt. Ltd
• Parry Enterprises India Ltd (Murugappa Group)
• Career Growth Plus
• Wipro

Recognition and Qualifications

The new CHRO has received notable industry recognition for his contributions to human resources management. He was awarded recognition as one of the Top 10 HR Leaders in India by CEO Insights Magazine in 2020.

Regulatory Compliance

The appointment has been announced in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that there are no relationships between directors that require disclosure in connection with this appointment.

Organizational Impact

The management changes represent a strategic shift in the company's HR leadership structure. While Amitrajit Ghosh assumes the senior-most HR position as CHRO, Manoj Deshmukh will cease to be part of the senior management team due to the restructured reporting framework, though his specific role transition details were not disclosed in the announcement.