Board to consider merger of TPL Plastech into Time Technoplast on Aug 26

Strategic Transactions View source PDF Explain this filing

TIMETECHNO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹187.50

prior close

₹188.40

announcement price

After-mkt

timing

Nifty Microcap 250market+0.3%-1.6% vs market

Plastic Products - Industrial peers, median of 42sector-0.0%-1.3% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.3 pts less than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

+0.8

15m

+0.5

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4+0.3-1.6-0.0-1.3

Next day

-1.4-0.2-1.2+0.3-1.7

-0.8+0.4-1.2+0.1-0.9

-0.8+0.2-1.0+0.0-0.8

-0.4+0.5-0.9+0.4-0.8

+0.6+0.8-0.2-0.9+1.6

+0.5-0.8+1.3-1.2+1.7

15d

-5.9-2.1-3.8-2.3-3.6

-4.0+0.2-4.2-2.0-2.0

-14.7-9.2-5.6-10.6-4.1

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UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 42Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Time Technoplast's board will meet on Aug 26, 2026 to consider merging its 74.86% subsidiary TPL Plastech (listed on BSE and NSE) into itself under Sections 230 to 232 of the Companies Act. TPL Plastech makes industrial packaging like jerry cans, drums and Intermediate Bulk Containers. The merger needs statutory and regulatory approvals. No swap ratio or minority shareholder treatment details have been disclosed yet.

Likely market impact

Simplifies group structure by absorbing listed subsidiary; swap ratio and treatment of TPL Plastech minority holders are key points to watch.