General Updates

TlmEI'' September 25, 2026 Nationa1 stock Exchange of India Ltd. BSEL imited ExchangeP laza15 thF looD lst Floor, New Trading Ring, plot No. c_lpB lock Gp Rotunda Building, Bandra _ Kurla Complex P. J. Towers, DalaI Street, Bandra (East)pM umbai _ 400 051 Fort, Mumbai - 400 001 Symbol:T IMETECHNO ScripC ode:5 32856 Dear Sir/Madam, Grant of stock Options under 'Time Technoplast Limited - Employees Stock Option Plan 2017’ (as amended) M MW Requirements) Regulations 2015. We wish to inform you that the CompensationC ommitteeo f the Companya, t its meetingh eld on September 25, 2026, inter-alia considered and approved the GRANT of 17l55/000 (Seventeen Lakhs Fifty-Five Thousand) stock options, representing 0.35% of the paid-up capital if the Co,npa„y, at an EXERCISEp rice of {151/- (Rupees One Hundred and Fifty-One only) per optionJt o eligible employeesu nder the 'Time Technoplast Limited - EmployeesS tock Option Plan 2017' (''TTL _ ESOP 2017"). For this purpose, eligible employees include employees of the CompanyJ as well as employees of its Subsidiary Companies/Step-down Subsidiary CompaniesJ Associate Companies! Joint Venture Company, and Group Companies (India and overseas) excluding Promoters/Promoter Directors and Independent Directors. The Opti.„, „ g„„t,d ,h,11 VEST upon completion of a period of 1 (ONE) year from the date Qf grant (Date of Vesting of Options - September, 24J2 0273' The Compensation Committee approved this grant based on various parameters, including the employees’ performance, age, experience, length of service with the CompanYPs enioritYJ and contribution to the Company's growth. Through this grant, the Company seeks to reward employees who have maintained a long-standing association with it and have consistentIY worked hard towards its growth, in recognition of their continued trust and commitment' This grant will further aid the Company in retaining competent talent while motivating employeest o continue contributing to its growth. The shareholders of the Company/ at their meeting held on Friday, September 29, 2017, had approved the 'Time Technoplast Limited Employees Stock Option Plan 2017’ C"ESOP 2017/Scheme"), formulated under the erstwhile SEBI CShare Based Employee Benefits) Regulationsp 2014. Subsequently/ with effect from August 13, 2021, the SEBI (Share Based Employee Benefits) Regulations, 2014 were replaced by the SEBI CShare Based EmploYee Benefits and Sweat Equity) Regulations, 2021 {"SEBI (SBEB and SE) RegulationS 2021"}' Accordinglypth e Board of Directors on August 1212 024,a pproveda mendmentst o ESOP2 017 to align it with newly replaced SEBI (SBEB and SE) Regulations, 2021, subject to members' approval which was subsequently granted at the AGM held on September 27, 2024' TIME TECHNOPLAST LTD. Bringing Polymers To Life CIN : L27203DD1989PLC003240 Regd. Office : 101, 1s t Floor, Centre Point, Somnath Daman Road, Somnath, Dabhel,.Nani Daman, Daman - 396210 Corp, OK. : 55, Corporate Avenue, 2nd Floor, Saki Vihar Road, AndheH (East), Mumbai - 400 072 INDIA Tel. : 91-22'7111 9999 Fax : 91-22-2857 5672 E-mail : Wmetechnoplast,corn Website : www.timetechnoplast.mm Bangalore : (080) 26608056/61 Baddi : 9816720202/9816700202/9816820202C hennai (044) 4501 0019/29 Delhi : (0120) 4326144/4284946 Hyderabad : 9849019428 Kolkata : (033) 46037097/98 TImE–r This is the secondg rant to be madeu nder the ESOP2 017 SchemeU. nder the first grant madei n 2017, several employees availed of the benefit, with 7,82,316 Equity Shares having been allotted on November 22, 2023, out of the total 45,00,000 options available under the Scheme. As on date, 37,17,684 options remain available for grant of options under the Scheme. This present grant will strengthen the motivation and financial well-being of employeesw ho are dedicatedlyw orking for the Company. Details as required to be disclosed under Regulation 30 of the SEBI Listing Regulations, read with SEBI Master Circular No. SEBI/HO/49/14/14(7)/2025-CFD-POD2/1/3762/2026 dated January 30, 2026, are enclosed as "Annexure - I." You are requested to take note of the same. Thanking you, Yours Faithfully, For Time Technoplast Limited Bharat Kumar Vageria Managing Director DIN: 00183629 TIME TECHNOPLAST LTD. with a vision for the future TImE–r Annexure - “I” Sr. No. Particulars Details a) Brief details of options granted; 17,55,000 (Seventeen Lakhs Fifty-Five Thousand)s tock options (represents0 .35% of the existing paid-up share capital of the Company) granted by the Compensation Committee to the eligible employees under TTL - ESOP2 017 as amended. b) Whether the scheme is in terms Yes. TTL - ESOP 2017 is in terms of SEBI (Share of SEBI (Share Based Employee Based Employee Benefits and Sweat Equity) Benefits and Sweat Equity) Regulations, 2021. Regulations, 2021 C) Total number of shares covered 17,55,000 (Seventeen Lakhs Fifty-Five by these options; Thousand) equity shares of face value of 1 1/- (Rupee One) each fully paid-up. Each Stock Option carry the right to apply for and be allotted 1 (one) Equity Shareo f face value of 1 1/- (Rupee One) each of the Company. d) Pricing formula; The exercise price shall be {151/- (Rupees One Hundred and Fifty-One only) per option. e) Options vested; 100% of the Options granted shall vest upon completion of a period of 1 (one) year from the date of grant of such Options (Date of Vesting of Options 24/09/2027) - . f) Time within which option may be After Vesting, Options can be Exercised either exercised; wholly or partly, during the exercisew indow, within the maximum exercisep eriod of 2 (two) years from the date of Vesting as mentioned in point (e) above. g) Options exercised; h) Money realized by exercise of Not applicable at this stage. options; i) The total number of shares arising as a result of exercise of option; i) Options lapsed; k) Variation of terms of options; TIME TECHNOPLAST LTD. with a vision for the future 1) 1 Brief details of significant terms; TTL ESOP 2017 (as ame managed by the Compensation Committee of the Company. The grant terms outline the procedure for dealing with options in cases such as death, permanent incapacity, resignation, termination, retirement, etc. In the event of corporate actions such as rights issues, bonus issues, stock splits, consolidations, mergers, amalgamations, sale of a division, or other reorganization, necessary adjustments (including adjustmentst o the number of options) will be made in a fair and reasonable rnanner. The equity shares allotted upon the exercise of stock options will not be subject to any lock-in period. The ESOPS haresa rising from the exerciseo f Options will rank pari passu with all other equity sharesc urrently in issue,f rom the date of allotment. m) Subsequent changes or cancellation or exercise of such options; Not applicable at this stage. n) Diluted earnings per share pursuant to issue of equity shares on exercise of options. TIME TECHNOPLASTL TD. With a vision for the future