Time Technoplast Limited has informed the Exchange regarding re-appointment of Mr Sanjeev Sharma as Executive Director of the company for a period of 3 years w.e.f. November 12, 2025.
TIMETECHNO · price
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The board approved Q1 FY26 consolidated revenue of ₹1,35,265 lakhs (up ~10% YoY from ₹1,23,005 lakhs) and net profit of ₹9,655 lakhs (up ~20% YoY from ₹8,046 lakhs), with EPS of ₹4.19 versus ₹3.49 last year. The board announced a 1:1 bonus share issue (one free share for every one held), pending shareholder approval at the 35th AGM on September 11, 2025, which would double the equity base from 22.69 crore to 45.38 crore shares. Authorised share capital will be raised from ₹52.5 crore to ₹100 crore to accommodate the bonus. Three Whole Time Directors — promoter-cofounders Raghupathy Thyagarajan and Naveen Kumar Jain (5-year terms) and Sanjeev Sharma, President – International Operations (3-year term) — were re-appointed, subject to shareholder approval.
The 1:1 bonus issue is a positive signal of management confidence and rewards existing shareholders, though it dilutes EPS proportionally. Strong YoY profit growth and debt-equity of 0.20 (consolidated) reflect healthy fundamentals. Re-appointment of promoter-cofounders provides leadership continuity.