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.

All Time Plastics Limited (ISIN: INE0GV601021) has announced a favorable outcome in its tax assessment for the fiscal year 2022-23. The company received a revised rectification order from the Income Tax Department, resulting in a significant shift from a previous tax demand to a refund.

Key Points of the Tax Revision

Impact on Company Operations

All Time Plastics Limited has stated that this tax settlement has no material impact on its operations or activities. This suggests that the company's financial position and day-to-day business functions are expected to remain stable despite this favorable tax revision.

Disclosure and Compliance

The company has duly informed the stock exchanges about this development, adhering to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This prompt disclosure demonstrates All Time Plastics' commitment to transparency and regulatory compliance.

Context and Implications

While the refund amount of Rs 1.31 lakhs may not be substantial in relation to the company's overall financials, the reversal from a significant tax demand of Rs 2.82 crores to a refund is noteworthy. It indicates a favorable reassessment of the company's tax liabilities for the 2022-23 assessment year.

This development may be viewed positively by investors and stakeholders, as it resolves a potential financial obligation and instead provides a small inflow of funds. However, as the company has emphasized, the overall impact on its financial position and operations is not material.