Time Technoplast has secured a substantial supply contract worth approximately ₹51.00 crores from Hindustan Petroleum Corporation Limited (HPCL), as disclosed under SEBI regulatory requirements. The contract represents a significant business development for the polymer packaging specialist.

Contract Details and Specifications

The awarded contract involves the domestic supply of rigid polymer packaging products, specifically Conipack Pails, to HPCL. The agreement encompasses supply of goods as per a predetermined delivery schedule, with payment security ensured through appropriate financial instruments.

Execution Timeline and Terms

The contract is structured for execution over a two-year period, with dispatches to be made according to HPCL's specific delivery schedule. This extended timeline provides Time Technoplast with sustained revenue visibility and operational planning flexibility for the contracted products.

Regulatory Compliance and Transparency

The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. The company has confirmed several key compliance aspects:

• No promoter or group company interest in the awarding entity
• The contract does not constitute a related party transaction
• All terms are conducted at arm's length basis
• Payment security arrangements are in place

Business Impact

This HPCL contract reinforces Time Technoplast's position in the rigid polymer packaging segment, particularly in serving major public sector enterprises. The ₹51.00 crore value represents a meaningful addition to the company's order book, providing revenue certainty over the two-year execution period while strengthening its relationship with one of India's leading petroleum companies.

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.