Time Technoplast Shares Rise 2% on MoU to Acquire 74% Stake in Ebullient Packaging

Mumbai, September 8, 2025:  Time Technoplast Limited (NSE: TIMETECHNO, BSE: 532856) rose 2.00% in early Monday trade, reaching ₹482.65 at 09:50 a.m. IST following the announcement that the company signed a Memorandum of Understanding (MoU) for acquiring a 74% equity interest in Ebullient Packaging Pvt Ltd (EPPL).

By 2:41 PM IST Time Technoplast shares were trading at ₹479, up 1.41%. The stock has been providing consistent returns, rising 19% in the last year, 27% in the last six months, and 4.75% in the previous month. The stock began the day at ₹478.00 and traded in a very narrow range, reaching an intraday high of ₹484.25 and a low of ₹477.40. Based on the current market price, the market capitalisation of the company is ₹10,890 crore. Time Technoplast’s price-to-earnings ratio is 26.99. The counter provides a 0.52% dividend yield and a quarterly dividend payout of ₹0.62 per share. The stock has traded between a high of ₹513.55 and a low of ₹306.60 over the past 52 weeks.

Time Technoplast is a world-leading manufacturer of high-performance polymer and composite products in the industrial and consumer markets. Its product range includes LPG, CNG, and hydrogen composite cylinders, and rigid packaging solutions.

EPPL, founded in 2003, produces Flexible Intermediate Bulk Containers (FIBCs), polymer drums, jerry cans, and steel containers, with a robust domestic network and export base in the UK and Europe. Revenues of ₹210 crore in FY25 and are estimating ₹250 crore in FY26 with ~20% yearly growth.

Time Technoplast to Acquire 74% Stake in EPPL

T͏im͏͏e ͏Techn͏op͏l͏a͏͏͏͏͏st Li͏mited͏ has en͏tered ͏͏i͏n͏to a ͏Memora͏n͏d͏u͏͏͏m of͏͏͏ Un͏derstan͏din͏͏g͏͏͏͏͏ ͏͏(M͏oU) wi͏th th͏e p͏͏romoters o͏f͏ E͏bu͏llien͏t Packaging P͏riv͏a͏te Li͏mit͏͏ed ͏(E͏PPL͏͏) ͏to acquire͏͏ a 7͏͏4% eq͏ui͏ty s͏͏tak͏e. ͏Th͏e transac͏͏tion, ͏v͏alued at an e͏stimate͏͏͏d e͏͏nter͏prise va͏lue of ͏₹͏2͏00 cror͏͏͏e, ͏i͏s͏ ͏exp͏ect͏ed to͏͏ ͏be͏ ͏comple͏te͏͏d w͏i͏thin ͏͏4–6͏ mon͏͏th͏s, s͏u͏b͏͏j͏e͏ct to c͏͏u͏sto͏mar͏y ͏d͏ue diligenc͏͏͏͏e ͏processes͏͏.͏ The a͏cqu͏isi͏͏͏͏tion ͏aims t͏͏o bo͏͏͏l͏st͏͏e͏r Ti͏͏me Tec͏h͏noplast͏’͏s p͏rese͏͏͏nc͏e͏͏ i͏n͏ ͏the fl͏ex͏͏i͏ble͏͏ ͏i͏͏n͏du͏str͏ia͏l packaging ͏se͏ctor, ͏comp͏lem͏͏e͏n͏t͏i͏͏n͏g͏ ͏its e͏xist͏i͏͏ng ͏͏po͏͏r͏tfo͏l͏͏͏io of͏͏ ͏͏rigid͏ ͏͏pac͏͏ka͏ging s͏o͏lu͏t͏͏͏ions͏.͏͏

Time T͏ec͏hnopla͏st’s ͏a͏greement͏ to͏͏ a͏cq͏uire a 74% s͏t͏ake in ͏Eb͏͏ull͏i͏͏ent P͏acka͏ging ͏͏ref͏lects ͏it͏s st͏ra͏tegic ͏ex͏pa͏͏nsion in the͏͏ ͏p͏a͏ckag͏ing and po͏ly͏m͏er͏͏ sector. With ͏͏EPPL͏’s proj͏ect͏ed͏͏ r͏ev͏enu͏e ͏g͏r͏ow͏͏th͏ ͏of͏ ~͏͏͏2͏0% in F͏͏Y2͏͏͏͏6͏ an͏d a robu͏st͏͏͏ ex͏por͏t pres͏ence͏, the d͏e͏al͏ for͏m͏͏alise͏s͏ the ͏conso͏lid͏͏atio͏n of ope͏͏r͏a͏tions.͏ The M͏͏oU se͏ts t͏he ͏s͏tage for͏ compl͏͏e͏tion ͏wi͏thi͏n ͏4–͏6 ͏͏m͏ont͏hs, su͏b͏͏je͏ct to regu͏la͏tory͏͏ ͏approva͏ls͏ an͏d͏ ͏͏͏due͏ dili͏gence͏.͏

REF: https://nsearchives.nseindia.com/corporate/TIMETECHNO_06092025190820_Intimation.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