Time Technoplast Limited has informed the Exchange regarding Board meeting held on September 24, 2025 for allotment of Bonus equity shares.
TIMETECHNO · price
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Time Technoplast Limited's board, meeting on September 24, 2025, approved the allotment of 22,69,29,066 bonus equity shares of Rs. 1 each in a 1:1 ratio, meaning one bonus share for every one existing share held. The record date for eligibility was September 23, 2025. As a result, the company's paid-up equity capital doubled from 22,69,29,066 shares to 45,38,58,132 shares. The bonus shares will be credited directly to demat accounts of eligible members, while shareholders holding shares in physical form will have them moved to a suspense escrow account until they provide required documents.
This is a capital-structure event with no direct cash impact on shareholders. The share price will typically adjust downward on the ex-date to reflect the doubled share count, so total portfolio value remains broadly unchanged. It improves share liquidity and affordability but does not change the underlying value of the company.