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Management change

Time Technoplast Bharat Kumar Vageria appointed

Time Technoplast (TIMETECHNO) said Bharat Kumar Vageria has been appointed. The company is valued at about ₹8,219 crore.

BCEIE News Desk · Published 5 Nov 2026, 08:49 pm IST · Filing received 5 Nov 2026, 08:33 pm IST

What happened

In a filing with the NSE on 5 November 2026 at 08:33 PM, Time Technoplast (TIMETECHNO) said that Bharat Kumar Vageria has been appointed.

From the filing: "Time Technoplast Limited has informed the Exchange about Re-appointment of Mr."

Company snapshot

Time Technoplast is a small-cap company in the Capital Goods sector, with a market value of about ₹8,219 crore.

The stock last traded at ₹166.5, against a 52-week range of ₹153.6–₹218.2 (23.7% below the high).

Before this filing the shares had moved −7.3% over the month and −20.3% over three months. Average daily turnover over the last 20 sessions was about ₹31.59 crore.

Promoters held 47.56% at the end of Q1 FY27. Foreign institutions owned 8.53% and domestic institutions 17.57%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY261,35395.14.19
Q2 FY261,511115.42.54
Q3 FY261,565126.32.75
Q4 FY261,677131.82.67
Q1 FY271,693116.22.35

What history shows

This is not the company's first management change disclosure: BCEIE has 6 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 1.1% on average the next trading day and was up 0.3% on average after five days (6 filings with price data).

Across 249 similar disclosures by other Capital Goods companies, shares moved +0.5% on average the next day and +0.6% over five days; 53% of them rose the next day.

Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
28 Sept 2026Cessation of Mr. Praveen Kumar Agarwal and Ms. Triveni Makhijani as…−0.6%—
5 Aug 2026Appointment of Mrs. Hema Rajendra Gaitonde as Non- Executive…−1.1%−1.6%
5 Aug 2026Appointment of Mr. Devendra Jitendra Shah as Non- Executive…−1.1%−1.6%
5 Aug 2026Appointment of Mr. Devendra Jitendra Shah and Mrs. Hema Rajendra…−1.1%−1.6%
7 Jul 2026Certificate from CEO/CFO+0.3%+10.8%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 5 November 2026: Board meeting — Financial Results/Other business matters.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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