Time Technoplast Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 11, 2025
TIMETECHNO · price
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Time Technoplast Limited has issued the notice for its 35th Annual General Meeting scheduled for Thursday, September 11, 2025 at 4:00 p.m. via video conferencing. Key items on the agenda include adoption of audited standalone and consolidated financial statements for FY25 and declaration of a final dividend of Rs. 2.50 per equity share (face value Rs. 1). The company is also proposing a bonus share issue in a 1:1 ratio by capitalising up to Rs. 22.69 crore from the securities premium account, along with an increase in authorised capital from Rs. 52.5 crore to Rs. 100 crore. Re-appointments include Managing Director Bharat Kumar Vageria, directors Vishal Jain, and three Whole Time Directors (Naveen Kumar Jain, Raghupathy Thyagarajan, and Sanjeev Sharma) for terms of 3–5 years. New auditors proposed include M/s. Raman S Shah & Co as Joint Statutory Auditor (5-year term) and M/s. Dash Dwivedi & Associates LLP as Secretarial Auditor.
The proposed 1:1 bonus issue is a strong positive for shareholders as it doubles the share count without cost, while the Rs. 2.50 dividend (record date September 4, 2025) signals continued profitability and rewards investors. The AGM is largely procedural with management re-appointments, though the capital expansion signals future fundraising or growth plans.