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Board approved an in-principle merger of 74.86%-owned TPL Plastech, subject to valuation, swap-ratio and regulatory approvals. It abandoned the Ebullient Packaging acquisition without financial loss and approved up to ₹50 crore related-party investment for a new polymer-trading subsidiary.
Time Technoplast Advances TPL Plastech Merger, Ends Ebullient Deal, Invests ₹50 Crore
Time Technoplast Backs TPL Plastech Merger, Drops Ebullient Acquisition Plan
Time Technoplast Schedules Board Meeting To Consider TPL Plastech Merger
Time Technoplast Secures ₹2.48 Crore NTPC Hydrogen Locomotive System Order