Time Technoplast Acquisition
Time Technoplast Limited approved the merger of its subsidiary TPL Plastech Limited into itself. The scheme is subject to regulatory and shareholder approvals.
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Time Technoplast Limited approved the merger of its subsidiary TPL Plastech Limited into itself. The scheme is subject to regulatory and shareholder approvals.
Time Technoplast will acquire a 65% stake in Time Intercontinental Limited for ₹50 Crore in cash. This strategic investment aims to strengthen raw material sourcing capabilities.
Time Technoplast will acquire a 76% stake in Systoverse Private Limited for ₹1.52 Crore. The inorganic expansion strengthens its capacity in the HDPE pipe and sprinkler market.
Time Technoplast acquired 76% stake in Systoverse Private Limited for Rs. 25 Crore. This strengthens its HDPE pipe portfolio and expands geographic presence in Maharashtra.
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.