Time Technoplast Fund Raise of ₹800 Cr
Time Technoplast Limited reported the utilization of ₹800.00 Crore raised through a QIP. The Monitoring Agency Report confirmed no material deviations from stated objects.
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- ₹800.0 Cr
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Time Technoplast Limited reported the utilization of ₹800.00 Crore raised through a QIP. The Monitoring Agency Report confirmed no material deviations from stated objects.
Time Technoplast Ltd successfully repaid its matured commercial papers in full on May 13, 2026. This timely redemption confirms the company's strong liquidity and credit reliability.
Time Technoplast scheduled a board meeting on May 27, 2026. The board will consider audited financial results and potential dividend recommendations for the fiscal year.
Time Technoplast received PESO approval for India's first 250-litre Type IV composite hydrogen cylinders for buses and trucks. Prototype validation is expected within 90 days. This milestone strengthens the company's position in India's green hydrogen transition and sustainable mobility ecosystem, complementing its existing 150-litre hydrogen cylinder approvals.
Time Technoplast Ltd (NSE: TIMETECHNO, BSE: 532856) confirmed it does not fall under the 'Large Corporate' category for FY 2026-27. The company's outstanding borrowing as of March 31, 2026, stood at ₹99.45 Crore, remaining below the threshold for SEBI's mandated debt-market borrowing framework.
Time Technoplast Ltd has successfully made the timely repayment of the maturity amount for its Commercial Paper (Scrip Code: 730408, ISIN: INE508G14IA7). The repayment was completed in full on the scheduled maturity date of April 16, 2026.
Time Technoplast Limited has entered an MoU to acquire a 76% stake in Systoverse Private Limited. The acquisition aims to strengthen its HDPE pipe portfolio and establish an operational presence in Maharashtra. The transaction is expected to conclude within 60 days, subject to due diligence.