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TPLPLASTEHBSETPL PLASTECH LIMITED· Industrial ProductsHighNeutral
Announced Wed, 26 Aug, 2026 · 18:58 IST

TPL Plastech board approves in-principle merger with Time Technoplast

Strategic Transactions View source PDFExplain this filing

TPLPLASTEH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+0.6%Reaction day
₹77.05
prior close
₹79.03
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+0.8% vs market
Packaging peers, median of 63sector-0.2%+0.7% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 0.7 pts more than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.5
10m
-0.3
15m
-1.4
30m
-1.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.6-0.2+0.8-0.2+0.7
Next day
-4.3+0.1-4.3+0.2-4.4
2d
-7.9+0.4-8.3+0.0-7.9
3d
-6.7-0.6-6.1-0.2-6.6
4d
-7.5-1.2-6.3-0.0-7.5
5d
-6.3-0.6-5.7+0.2-6.5
1w
-10.9+0.5-11.4-0.4-10.5
15d
-15.0-0.2-14.7-3.1-11.9
1m
-16.6-1.5-15.1-3.1-13.5
2m
-18.1-8.0-10.1-7.1-11.0
3m
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UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 63Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

TPL Plastech board approved in-principle merger with holding company Time Technoplast, which holds 74.86% stake. Appointed date April 1, 2026. Scheme under Sections 230-232 of Companies Act. Swap ratio pending, to be set by registered valuer and merchant banker. Rationale: integrate operations, simplify group structure, cut costs. Separately, Sunil Vyas replaces Pawan Agarwal as CFO from October 1, 2026.

Likely market impact

Shareholders to swap TPL shares for Time Technoplast shares at a swap ratio still to be set. Removes a listed subsidiary, simplifying group. Subject to approvals.