TIME TECHNOPLAST LTD. - 532856 - Notice Of 32Nd Annual General Meeting Of Time Technoplast Limited
Please find attached herewith Notice of 32nd Annual General Meeting of the Company scheduled to be held on Wednesday, September 28, 2022 at 03:00 p.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The said Notice is also placed on the Company's website at www.timetechnoplast.com. TIME TECHNOPLAST LTD. - 532856 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to the provisions of Regulation 30 read with clause no. 15(b)(ii) of Para A of Part A of Schedule III and Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the link to the transcript of the Conference Call held on August 16, 2022 to discuss Q1 FY23 Results. The link to access the transcript as placed on the Company's website: https://www.timetechnoplast.com/investor-center/financials-results/ We request you to take the above information on record. TIME TECHNOPLAST LTD. - 532856 - Corporate Action - Fixes Book Closure For Annual General Meeting And Final Dividend
Pursuant to Regulation 42 and other applicable Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to submit following information as under: Date of Annual General Meeting: 28th September, 2022 ISIN: INE508G01029 Type of Security: Equity Shares Book Closure: 22.09.2022 (Thursday) - 28.09.2022 (Wednesday) Both days inclusive Purpose: For Annual General Meeting & Final Dividend You are requested to take note of the same. TIME TECHNOPLAST LTD. - 532856 - Audio Recording Link Of The Conference Call Held On August 16, 2022 To Discuss Q1 FY23 Results
Pursuant to Regulation 30, 46 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the audio recording of the Company's conference call held on August 16, 2022 to discuss Q1 FY23 Results is available on the Company's website. The web link to access the said audio recording is: https://www.timetechnoplast.com/wp-content/uploads/2022/08/MFG0220220816142988.mp3 We request you to take the above information on record. TIME TECHNOPLAST LTD. - 532856 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement for Publication of Unaudited Financial Results for the Quarter ended 30th June, 2022 With reference to the captioned subject, please find enclosed herewith clipping of the newspaper for Unaudited Financial Results for the quarter ended 30th June, 2022 published on 14th August, 2022 in the following newspapers: 1. 'Free Press Journal' (English Newspaper) 2. 'Navshakti' (Marathi Newspaper) 3. 'Gujarat Mitra' (Gujarati Newspaper) This is for your information and records. Q1FY23 Quarterly Result Announced for Time Technoplast Ltd.
Plastic Products firm Time Technoplast announced Q1FY23 Result : Total Debt reduced by Rs 263 Mn in Q1FY23 from year ended FY22 Net cash from Operating Activities in Q1FY23 is Rs 804 Mn Value added products grew by 36% in Q1FY23 as compared to Q1FY22, while established products grew by 23%. The company’s focus remains to increase the share of value added products in its revenue and improve margins. Capacity utilization: Overall 77% (India: 72%; Overseas: 84%) Continued focus on improving Working Capital cycle time and targeting to achieve 90 days in next 12-18 months. Consolidation cum Restructuring of Overseas business: The Board of Directors and Members have approved the consolidation cum restructuring of overseas business by way of disinvestment of majority stake to Strategic Partner/ Investor Partner. The proceeds will be used for Repayment of Debt, Capex for Composite Cylinders (LPG/CNG/Hydrogen) & Core Business in India to meet huge market demand and also used to benefit the shareholders. The Company has appointed JP Morgan India and Ernst & Young India as Advisors to handle entire process of consolidation cum restructuring. The process is still under discussion on the terms and conditions of the transaction as at June 30, 2022. “We are pleased to inform that the Company has started Fiscal 23 on an encouraging note with a healthy performance driven by good demand in Industrial packaging and robust growth in composite cylinder business. Q1 Revenue and PAT are up by 25% and 56% year-on-year led by higher utilization of capacities. This is despite global uncertainties and continued inflationary pressure in key raw materials. The company continues to receive overwhelming response for its Type-IV Composite cylinders for CNG Cascades. In addition, during the quarter, NED Energy Limited, a subsidiary of Time Technoplast Limited has signed a Memorandum of Understanding (MOU) with TESLA POWER USA INC for orders worth ?100 crores (approx.) to supply VRLA Batteries of different sizes for applications across Power, Solar, UPS etc. With strong outlook on Indian pharmaceutical and chemical business driven by migration of chemical companies out of China coupled with a good demand for CNG cascades, we expect to continue our growth momentum for the rest of the year.“ Mr. Bharat Kumar Vageria Managing Director Result PDF TIME TECHNOPLAST LTD. - 532856 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings Presentation for Q1 FY 2023 TIME TECHNOPLAST LTD. - 532856 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
Based on the recommendation of the Audit Committee and subject to the approval of members at the ensuing AGM of the Company, the Board has approved the re-appointment of M/s. Shah & Taparia, Chartered Accountants (Firm Registration No. 109463W) and M/s. Shah Khandelwal Jain & Associates, Chartered Accountants (Firm Registration No. 142740W) as the Joint Statutory Auditors of the Company for a second term of two years, who shall hold office from the conclusion of ensuing 32nd AGM till the conclusion of the 34th AGM of the Company. TIME TECHNOPLAST LTD. - 532856 - 32Nd Annual General Meeting (AGM) Of The Members Of The Company Will Be Held On Wednesday, September 28, 2022 At 03:00 P.M. Through Video Conferencing / Other Audio Visual Means (VC/OAVM)
We wish to inform you that the Board of Directors at its meeting held on August 13, 2022, inter-alia, transacted and approved the following businesses: a) The 32nd Annual General Meeting (AGM) of the Members of the Company will be held on Wednesday, September 28, 2022 at 03:00 p.m. through Video Conferencing / Other Audio Visual Means (VC/OAVM) facility in accordance with relevant circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India. b) Decided the Book closure date from September 22, 2022 to September 28, 2022 (both days inclusive), for the purposes of the Annual General Meeting and payment of dividend. TIME TECHNOPLAST LTD. - 532856 - Unaudited (Standalone And Consolidated) Financial Results For The Quarter Ended 30Th June, 2022
We wish to inform you that the Board of Directors at its meeting held on August 13, 2022, inter-alia, transacted and approved the following businesses: 1. a) Considered and approved the Un-audited (Standalone and Consolidated) Financial Results for the Quarter ended 30th June, 2022. b) Considered Limited Review Report. You are requested to take note of the same.