Time Technoplast: Approval of the scheme of amalgamation (merger by absorption) of TPL Plastech Limited with Time Technoplast…
Time Technoplast (TIMETECHNO) filed a disclosure titled "Approval of the scheme of amalgamation (merger by absorption) of TPL Plastech Limited with Time Technoplast Limited and their respective shareholders and creditors". The company is valued at about…
What happened
Time Technoplast (TIMETECHNO) filed a disclosure with the exchanges on 29 September 2026 at 08:48 PM titled "Approval of the scheme of amalgamation (merger by absorption) of TPL Plastech Limited with Time Technoplast Limited and their respective shareholders and creditors".
From the filing: "Time Technoplast Limited has informed the Exchange about approval of the scheme of amalgamation (merger by absorption) of TPL Plastech Limited with Time Technoplast Limited and their respective shareholders and creditors."
Company snapshot
Time Technoplast is a small-cap company in the Capital Goods sector, with a market value of about ₹8,946 crore.
The stock last traded at ₹181.2, against a 52-week range of ₹154–₹227.5 (20.3% below the high).
Before this filing the shares had moved −2.4% over the month and +0.7% over three months. Average daily turnover over the last 20 sessions was about ₹43.3 crore.
Promoters held 47.56% at the end of Q1 FY27. Foreign institutions owned 8.53% and domestic institutions 17.57%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,353 | 95.1 | 4.19 |
| Q2 FY26 | 1,511 | 115.4 | 2.54 |
| Q3 FY26 | 1,565 | 126.3 | 2.75 |
| Q4 FY26 | 1,677 | 131.8 | 2.67 |
| Q1 FY27 | 1,693 | 116.2 | 2.35 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 6 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 1.0% on average the next trading day and was up 1.8% on average after five days (6 filings with price data).
Across 121 similar disclosures by other Capital Goods companies, shares moved +0.1% on average the next day and +0.5% over five days; 46% of them rose the next day.
Market-wide, 1,926 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 26 Aug 2026 | M&A | +0.5% | +2.2% |
| 26 Aug 2026 | In-Principle Approval For Merger Of TPL Plastech Limited (Subsidiary… | +0.5% | +2.2% |
| 23 Jun 2026 | 'Report with respect to INTER-SE TRANSFER OF SHARES BETWEEN… | +2.1% | −0.5% |
| 15 Jun 2026 | Disclosures under Reg. 10(5) in respect of acquisition under Reg.… | +1.1% | +0.6% |
| 15 Jun 2026 | Disclosure Of INTER-SE TRANSFER OF SHARES BETWEEN PROMOTERS In… | +1.1% | +0.6% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 29 September 2026: Board meeting — Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Time Technoplast Share Price - Live NSE: TIMETECHNO Stock Price & Chart
- Time Technoplast approves TPL Plastech merger, ₹50 crore venture
- Time Technoplast commissions 6,000-tonne greenfield packaging plant in Bhilad, Gujarat
- Briefs: Asian Paints, Time Technoplast and Grasim Industries
- Time Technoplast Stock Signals to Watch This Week
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.