Time Technoplast Doubles Equity Base with 22.69 Crore Bonus Shares, Stock Steady at ₹227

Mumbai, 24 September 2025: Time Technoplast Limited (NSE: TIMETECHNO, BSE: 532856) has completed the allotment of 22,69,29,066 fully paid-up bonus equity shares of face value ₹1 each. The bonus shares, issued in a 1:1 ratio, were allotted to eligible shareholders recorded on 23 September 2025, effectively doubling the company’s equity share capital.

Founded in 1989 and headquartered in Mumbai, Time Technoplast is a leading multinational in the polymer products industry. It has operations spanning industrial packaging, lifestyle products, auto components, and composite materials. Listed on both the NSE and BSE, the company has built a strong presence across domestic and international markets.

Time Technoplast Equity Capital Doubles to 45.38 Crore Shares After Bonus Issue

Before the allotment, the company’s equity share capital stood at 22.69 crore shares worth ₹22.69 crore. With this issue, the equity base has expanded to 45.38 crore shares valued at ₹45.38 crore. The bonus shares carry equal rights with existing equity, including dividend entitlement, ensuring uniform treatment for all shareholders.

Smooth Allotment Process as Demat Holders Receive Bonus Directly

For investors holding shares in dematerialised form, the bonus equity shares have been credited directly into their demat accounts. In the case of shareholders with physical holdings, the shares have been moved to the “Time Technoplast Limited – Suspense Escrow Demat Account”. Transfer to individual accounts will be processed upon the submission of necessary documents, in line with Securities and Exchange Board of India (SEBI) regulations.

Stock Price Holds Firm at ₹227 After Bonus Share Allotment

Following the bonus issue announcement and allotment, Time Technoplast’s share price remained steady, reflecting stability in market response. On 24 September 2025 at 3:22 pm IST, the stock was trading at ₹227.10, up ₹0.35 or 0.15% from the previous close. The stock opened at ₹226.90, touched a high of ₹231.40, and recorded a low of ₹226.50 during intraday trading. The company currently commands a market capitalisation of ₹10,310 crore, with a price-to-earnings (P/E) ratio of 12.77 and a dividend yield of 1.10%.

The successful execution of a 1:1 bonus share allotment highlights Time Technoplast’s efforts to reward shareholders and expand its equity base without altering its underlying fundamentals. With shares credited to demat accounts and transfer protocols in place for physical holders, the process has reinforced compliance with SEBI’s framework and ensured parity among investors.

REF: https://nsearchives.nseindia.com/corporate/TIMETECHNO_24092025103227_OutcomeofBM24092025.pdf

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations