All Time Plastics Limited has amended its joint venture agreement with Singapore-based partners, providing the company with greater flexibility in servicing overseas customers. The amendment was executed on 6th February, 2026, modifying the original joint venture agreement dated 27th December, 2024.

Joint Venture Amendment Details

The amendment involves three parties: All Time Plastics Limited, Dragon Bridge Pte. Limited (Singapore), and All Time Plastics Pte. Limited (Singapore), which is a wholly owned subsidiary of All Time Plastics Limited.

Key Changes in Customer Servicing

Under the original joint venture agreement, sales to the company's existing overseas customers would continue to be made directly by All Time Plastics Limited, while all sales to new overseas customers would be routed through All Time Plastics Pte. Limited.

The amendment introduces a significant change in this arrangement. For customers where Dragon Bridge Pte. Limited has not played a material role in marketing All Time Plastics Limited's products, the company now has the right to service such customers directly without routing them through All Time Plastics Pte. Limited. This decision lies entirely at the sole discretion of All Time Plastics Limited.

Regulatory Compliance

The company has disclosed this amendment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the requirements under Schedule III Part A of the SEBI LODR read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

This amendment provides All Time Plastics Limited with enhanced operational flexibility in managing its overseas customer relationships, particularly for clients where the Singapore-based Dragon Bridge Pte. Limited has had limited marketing involvement.

All Time Plastics has issued a clarification regarding the European Union's continued suspension of Generalised System of Preferences (GSP) benefits on plastic goods, providing important updates for its European market operations.

GSP Benefits Suspension Extended

The company has confirmed that the EU suspension of GSP benefits on plastic goods will continue until December 2028. This extended timeline provides clarity on the regulatory framework that will govern trade relations between the company and its European Union customers for the foreseeable future.

Pricing and Duty Structure Remains Stable

Despite the continued suspension of GSP benefits, All Time Plastics has assured that duty rates and prices for EU customers will remain unchanged. This stability in pricing structure demonstrates the company's commitment to maintaining consistent commercial terms with its European clientele.

Market Implications

The company's announcement provides transparency regarding its European operations and helps stakeholders understand the regulatory environment affecting its plastic goods exports to the EU market. By maintaining unchanged duty rates and prices, the company appears to be absorbing any potential cost implications of the GSP benefits suspension.

This clarification from All Time Plastics offers certainty to European customers and investors regarding the company's pricing strategy and operational approach in the EU market despite the ongoing suspension of preferential trade benefits.