Double Your Holdings Overnight? Time Technoplast Shifts Record Date For 1:1 Bonus Shares; Are You Holding?

The Board of Directors of Time Technoplast Ltd., a well-known producer of polymer products, announced the company has modified the record date for its much-awaited 1:1 bonus share issuance. A new record date has been released in order to determine which shareholders are eligible for the bonus issue of equity shares, which was previously set at September 15. For every existing share owned, eligible shareholders will get one fully paid equity share; the allocation is scheduled for September 24 and trading will start on September 25, 2025.

Time Technoplast Bonus Shares Record Date

"We refer to our intimation dated September 09, 2025, regarding the fixing of the record date for the issue of bonus equity shares of the Company, we request you to read the record date as Tuesday, 23rd September, 2025 instead of Monday, 15th September, 2025. In accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Company has revised and fixed Tuesday, 23rd September 2025, as the new record date for the purpose of ascertaining the eligibility of shareholders entitled to the bonus issue of equity shares," said Time Technoplast in a stock exchange filing.

Time Technoplast Bonus Shares Allotment Date

"The Bonus Shares will be issued to the Shareholders of the Company in the ratio of 1:1 i.e., 1 (One) new fully paid-up Equity Share of 1/- (Rupee One Only) each for every 1 (One) existing fully paid- up Equity Share of 1/- (Rupee One Only) each held by the eligible Shareholders of the Company as on the Record Date, subject to the approval of Shareholders in the ensuing 35th Annual General Meeting of the Company scheduled to be held on 11th September 2025 at 04:00 p.m. and other statutory/regulatory approvals, consents, permissions, conditions, and sanctions, as may be required. Further, in accordance with SEBI circular dated 16th September 2024, the deemed date of allotment of Bonus Equity Shares shall be Wednesday, 24th September 2025, and these Bonus Shares will be made available for trading on the next working day of allotment i.e., Thursday, 25th September, 2025," Time Technoplast confirmed in a regulatory filing.

Time Technoplast Growth Outlook

"Looking ahead, our vision is to strengthen core businesses while diversifying into high-potential sectors and expanding internationally Composite cylinders remain a key growth driver, with global demand expanding rapidly. With sustained investments in R&D, we are enhancing our product portfolio to meet evolving customer needs. Our strategy focuses on cutting-edge innovation, selective brownfield expansions in India and overseas, and scaling globally. These steps will ensure we remain the preferred partner in packaging, composites, and sustainable solutions," commented Sanjaya Kulkarni (Chairman) of Time Technoplast.

Time Technoplast Target Price

"Time Technoplast stock price is bearish on the Daily charts with strong resistance at 480. A daily close below support of 467 could lead to a target of 425 in the near term," commented A R Ramachandran, independent research analyst.

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