Board to consider merger with Time Technoplast on Aug 26
TPLPLASTEH · price
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TPL Plastech's Board will meet on Aug 26, 2026 to consider a proposed merger of the company into Time Technoplast Limited, its holding company which holds a 74.86% stake in TPL. The merger will be carried out under Sections 230 to 232 of the Companies Act, 2013, and is subject to statutory and regulatory approvals. Time Technoplast is listed on both BSE and NSE.
Merger proposal is at a very early stage; no swap ratio or scheme details announced yet. Outcome depends on board approval and regulators.