Time Technoplast Limited has officially launched its Qualified Institutions Placement (QIP) on November 6, 2025, setting the issue price at ₹211.70 per share. This move comes after the company's board approved the proposal in a meeting held on October 25, 2024. The shareholders also supported the initiative through a special resolution passed via postal ballot on November 28, 2024. The QIP will allow Time Technoplast to raise capital by allotting equity shares to eligible qualified institutional buyers, adhering to the regulations outlined by SEBI and the Companies Act.

The company's meeting on November 6, 2025, authorized the opening of the QIP and approved the preliminary placement document, which includes the necessary application forms. The 'Relevant Date' for this QIP is also noted as November 6, 2025, which is critical for determining the floor price. This floor price of ₹211.70 was established based on the pricing formula under the SEBI ICDR regulations. Importantly, Time Technoplast can offer a discount of up to 5% on this floor price at its discretion, enhancing the attractiveness of the offering for institutional investors.

In alignment with corporate governance practices, Time Technoplast has also implemented a trading window closure for its designated persons from October 1, 2025, until 48 hours after the announcement of its quarterly financial results for the half-year ended September 30, 2025. This precaution is part of the company's Prevention of Insider Trading Code to ensure compliance with market regulations. The Preliminary Placement Document will be filed with the stock exchanges, reinforcing the company's commitment to transparency and regulatory adherence as it embarks on this significant capital-raising initiative.