Time Technoplast Limited's subsidiary PowerBuild Batteries Private Limited has announced a strategic business collaboration and exclusive distribution agreement with Monbat AD, a leading European battery manufacturer. The partnership positions PowerBuild to serve India's rapidly expanding digital infrastructure market with advanced battery solutions.

Strategic Partnership Details

The multi-year commercial collaboration establishes PowerBuild as the exclusive distributor of Monbat's maintenance-free, advanced Valve Regulated Lead-Acid (VRLA) stationary and reserve power battery solutions in India. The agreement targets the growing requirements of data centres, IT infrastructure, BFSI institutions, and other mission-critical industrial applications.

Market Opportunity and Growth Projections

India's digital infrastructure expansion presents significant growth opportunities for the battery solutions market. The collaboration comes amid structural expansion in digital infrastructure, supported by recent Union Budget announcements promoting localization of data centres in India.

Industry estimates highlight substantial market potential:

• Current data centre capacity of 1.2–1.5 GW expected to expand by additional 3.0–3.5 GW over next 7–10 years
• Growth supported by cumulative investments of ₹2.3–2.5 lakh crore
• BFSI sector's expanding digital and disaster recovery infrastructure generating sustained demand

Value Proposition and Service Capabilities

Through this collaboration, PowerBuild gains access to Monbat's complete portfolio of Eurobat-compliant, high-reliability batteries engineered for mission-critical environments. The solutions cater to hyperscale and colocation data centres, financial data rooms, and disaster recovery facilities.

PowerBuild will provide comprehensive pan-India technical support, including:

• Installation and commissioning services
• After-sales service and maintenance
• Reliable deployment across customer sites
• Lifecycle performance management

Strategic Significance and Make in India Alignment

The partnership represents an important milestone in PowerBuild's evolution into a comprehensive provider of critical power solutions for India's digital economy. The collaboration supports the Government of India's Make in India initiative by strengthening domestic distribution and supply-chain infrastructure, generating local employment, developing technical support ecosystem, and enhancing service network capabilities.

By combining Monbat's global technology expertise with PowerBuild's domestic presence, service reach and deep market insight, the collaboration positions both companies to participate in India's next phase of digital infrastructure growth.

Company Profiles

PowerBuild Batteries Private Limited, founded in 1992, operates as a subsidiary of Time Technoplast Limited and serves as a leading Indian manufacturer of industrial and stationary lead-acid batteries. The company maintains advanced manufacturing facilities in Hyderabad (Telangana) and Bengaluru (Karnataka), with robust quality systems and nationwide service reach across renewable energy, railways, UPS, invertors and power sectors.

Monbat AD, listed on the Bulgarian Stock Exchange – Sofia, operates as part of the Prista Oil Group with over six decades of experience in manufacturing and recycling lead-acid, advanced VRLA, and lithium-ion batteries. The company maintains facilities across Europe and Africa, serving global customers in automotive, data centre, UPS, telecom, renewable energy, and industrial infrastructure sectors.

Time Technoplast Limited has successfully completed the repayment of its commercial paper that reached maturity on February 02, 2026. The company informed BSE Limited about this development through an official communication, confirming full and timely settlement of its debt obligations.

Commercial Paper Repayment Details

The repayment was executed in accordance with SEBI's operational circular guidelines, specifically Para 8.4 of Chapter XVII of Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021. The company had previously established the necessary framework for this repayment by setting January 30, 2026 as the record date through a communication dated January 05, 2026.

Regulatory Compliance

The repayment demonstrates Time Technoplast's adherence to regulatory requirements and commitment to maintaining its financial obligations. The company certified that the maturity amount was repaid in full on the scheduled date, ensuring compliance with SEBI's operational guidelines for commercial paper instruments.

Corporate Communication

The formal intimation was signed by Manoj Kumar Mewara, Company Secretary and Compliance Officer of Time Technoplast Limited. This communication serves as official confirmation to BSE Limited and maintains transparency in the company's debt management practices. The timely repayment reflects positively on the company's financial discipline and operational efficiency in managing short-term debt instruments.