TPL Plastech: Approval of the scheme of amalgamation (merger by absorption) of the Company with TTL and their respective…

What happened

TPL Plastech (TPLPLASTEH) filed a disclosure with the exchanges on 29 September 2026 at 06:59 PM titled "Approval of the scheme of amalgamation (merger by absorption) of the Company with TTL and their respective shareholders and creditors".

From the filing: "TPL Plastech Limited has informed the Exchange about the approval of the scheme of amalgamation (merger by absorption) of the Company with TTL and their respective shareholders and creditors."

Company snapshot

TPL Plastech is a micro-cap company, with a market value of about ₹514 crore.

The stock last traded at ₹65.85, against a 52-week range of ₹50.01–₹90.33 (27.1% below the high).

Before this filing the shares had moved −15.0% over the month and −10.0% over three months. Average daily turnover over the last 20 sessions was about ₹0.85 crore.

Promoters held 74.86% at the end of Q1 FY27. Foreign institutions owned 0.47% and domestic institutions 0.04%.

What history shows

This is not the company's first m&a disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.

Market-wide, 1,921 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.

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 approves TPL Plastech merger, ₹50 crore venture — scanx.trade, 27 Sept 2026
• TPL Plastech Limited Approves the Appointment of Pradip Kumar Das as an Independent Director — marketscreener.com, 23 Sept 2026
• TPL Plastech board to approve merger scheme with Time Technoplast on Sep 29 — scanx.trade, 22 Sept 2026

Source

• Exchange filing (PDF)