Time Technoplast Limited has informed the Exchange regarding re-appointment of Mr Naveen Kumar Jain as Executive Director of the company for a period of 5 years w.e.f. December 01, 2025.
TIMETECHNO · price
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Time Technoplast's board, at its August 11, 2025 meeting, approved multiple items. Consolidated Q1 FY26 revenue from operations rose about 10% year-on-year to ₹1,35,265 lakhs (vs ₹1,23,005 lakhs), while net profit jumped roughly 20% to ₹9,655 lakhs (vs ₹8,046 lakhs); EPS stood at ₹4.19 versus ₹3.49. Standalone revenue was nearly flat at ₹64,246 lakhs but PAT grew about 19% to ₹4,483 lakhs. The board also approved a 1:1 bonus share issue (one bonus share for every one held), subject to shareholder approval at the 35th AGM on September 11, 2025, with credit expected by October 9, 2025. Authorised share capital will be raised from ₹52.5 crores to ₹100 crores to accommodate the bonus. Three whole-time directors — promoter-co-founders Raghupathy Thyagarajan and Naveen Kumar Jain (each for 5 years from December 1, 2025) and Sanjeev Sharma, President – International Operations (3 years from November 12, 2025) — were re-appointed, subject to AGM approval. Book closure for the AGM and dividend is set from September 5 to September 11, 2025.
The 1:1 bonus issue effectively doubles the share count and is typically supportive of liquidity and retail participation, though it does not change the underlying value. The double-digit profit growth combined with margin expansion (net margin to 7.13% from 6.54%) signals healthy operating momentum. Re-appointment of the promoter-co-founders provides continuity at the top, which is generally viewed positively by long-term shareholders.