We wish to inform you that the Audit Committee, the Committee of Independent Directors and the Board of Directors of TPL Plastech Limited at their meetings held today i.e. September 29, 2026, have inter alia reviewed the valuation report and the share exchange ratio, and the Board, based on the recommendations of the Audit Committee and the Committee of Independent Directors, has approved the scheme of amalgamation (merger by absorption) of the Company ....

September2 9, 2026 BSEL imited National Stock Exchange of India Ltd. ExchangeP laza5, th Floor, lst Floor, New Trading Ring, Plot No. C-1, Block G, Rotunda Building, P.J. Towers, DalaI Street, Bandra – Kurla Complex, Bandra( East),M umbai– 400 051 Fort, Mumbai – 400 001 Symbol: TPLPLASTEH Scrip Code: 526582 Meeting Commencement Time 03:00 p.m. Meeting Conclusion Time 04:00 p.m. DearS ir/Madam, sub: Outcome of Board Meeting held on September2 9, 2026 This is in continuation to our letter dated August 26, 2026 intimating that the Board of Directors at its meeting held on August 26/ 2026 had accorded its in-principle approval to the proposed merger of TPL Plastech Limited (“TPL” or “the CompanY” or “Transferor Company”) with Time Technoplast Limited (“TTL” or “Transferee CompanY”),s ubject to/ inter alia/ the appointment of a registeredv aluer and a merchant banker, and the determination of the share exchanger atio. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations210 15 (“Listing Regulations”)/w e wish to inform you that the Audit Committee, the Committee of Independent Directors and the Board of Directors of TPL Plastech Limited at their meetings held today i.e. September 29, 2026, have inter alia reviewed the valuation report and the share exchange ratio/ and the Board, based on the recommendations of the Audit Committee and the Committee of Independent Directors, has approved the scheme of amalgamation (merger by absorption) of the Company with TTL and their respective shareholdersa nd creditors, with effect from the Appointed Date of April 1, 2026, under Sections2 30 to 232 and other applicable provisions of the Companies Act, 2013 read with the rules made thereunder (“Scheme”). The Scheme inter alia provides for the amalgamation of the CompanY with TTL/ dissolution of the Companyw ithout winding up or any further act, deed or thing, and issuanceo f equity shares of TTL to the shareholders of the Company (other than TTL) as per the share exchanger atio/ being 403 (Four Hundred and Three) fully paid-up equity shareso f TTL of Rl/_ eachf or every 1,000( OneT housandf)u lly paid-upe quity shareso f TPLo f q2/- each/ and variouso ther matters incidental thereto. TPL Plastech Ltd, Registered Office : 102, 1s t Floor, Centre Point, Somnath Daman Road. Somnath, Dabhel, Nani Daman, Daman - 396 210 e CIN : L25209DD1992PLC004656 Corporate Office: 203, Centre POInt,J . B. Nagar, Andheri-Kurla Road, Near J. B. Nagar Chakala Metro Station, Andherl East '’''mhai - 400 059, e Tel : 022-6852 4200 e E-mail : info@tplplastech.in + Website : www.tplplastech.in Schemei s, inter alia, subject to the receipt of statutory and regulatory approvals, including approvals from BSEL imited and National Stock Exchangeo f India Limited, the jurisdictional National Company Law Tribunal Bench,a nd the shareholdersa nd creditors of the respectivec ompaniesi nvolved in the Scheme. Thankingy ou, Yours Faithfully, ForT PLP lastechL imited Mangesh Sarfare Director DIN: 07793543 TPL PII itech Ltd, Annexure A Disclosureu nder Regulation 30 of the Securitiesa nd ExchangeB oard of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sr. Particulars Detailso f Information 1 name of the entity(ies) Name of the Entities: TPL Plastech Limited ("Transferor forming part of the Company") and Time Technoplast Limited ("Transferee amalgamation/merger, Company"). details in brief such as, size,t urnover etc.; The Transferor Company is a 74.86% subsidiary of the Transferee Company. The consolidated turnover, net worth and net profit of the companies as on March 31, 2026 are as under: (Ri n lakhs) TPL Plastech Time Technoplast Limited Limited Particulars Turnover 42,266.31 6, 11,440.46 Net Worth 16,889.68 4,16,620.97 Net Profit 2,907.07 46,872.48 2 whether the transaction No, in terms of General Circular No. 30/2014 dated July 17, would fall within related 2014 issued by the Ministry of Corporate Affairs, party transactions? if transactions arising out of compromises, arrangements and yes, whether the same amalgamations under the Companies Act, 2013 will not is done at “arm’s attract the requirementso f Section 188 of the Act. length”; 3 area of business of the TPLP lastechL imited: Manufacturing of industrial packaging entity(ies); products, including plastic jerry cans, drums and Intermediate Bulk Containers (IBC). Time Technoplast Limited: Manufacturing of packaging products (plastic drums, jerry cans/pails, IBCs),c omposite products (LPG, CNG, hydrogen cylinders, fire extinguishers), PE pipes, and other products including MOX films, auto products, and turf and matting. TFL Plastech Ltd, Sr. Particulars I Detailso f Information 4 rationale for Rationalef or amalgamation/merger: amalgamation/m erger; The proposed amalgamation of TPL Plastech Limited with Time Technoplast Limited would, inter-alia, enable realisationo f the following benefits: a) integration of the manufacturing units and product lines of both companies, enabling each distinct product category to be handled by a dedicated unit within TimeT echnoplastL imited; b) rationalised, product-focused unit-wise operations expected to provide greater impetus to product development,f oster innovation, and improve overall manufacturinga nd operationale fficiency; c) simplificationo f the Group structu’rea nd reduction in related party transactions, thereby lowering compliancea nda dministrativeb urden; d) pooling of financial, managerial, and technical resources,l eading to optimal utilisation of resources and cost efficiencies; e) strengthening of the financial position of the consolidatede ntity; f) generation of operational and financial synergiest o support long-term sustainable growth, thereby enhancing value for all stakeholders concerned. The Schemei s in the interest of all stakeholderso f both TPLP lastechL imiteda nd TimeT echnoplastL imited. 5+ in case of cash TPLs hareholdersw ill receive 403 fully paid-up equity consideration– amount or shares of TTL (face value Rs. 1/- each) for every 1,000 otherwise share exchange fully paid-up equity shares of TPL (face value Rs. 2/- ratio; each)h eld by them. The Share Exchange Ratio has been arrived at based on Valuation Report of Mr. Nitesh Chaturvedi, Independent Registered Valuer and confirmed by a Fairness Opinion of Axial Capital Private Limited (Category 1 Merchant Banker). TPL PII itech Ltd, 6+ brief details of TransferorC ompany- TPLP lastechL imited change in shareholding Category Pre-merger Post-merger pattern (if any) No. of % of No. of % of of listed entity. shares voting shares voting rights rights Promoter 5,83,96,260 74.86% 0 0.00% Promoter Group Public 1,96,06,740 25.14% 0 0.00% Non- 0 0.00% 0 0.00% Promoter- Non - Public Total 7,80,03,000 100a00% 0 0,00% Shares held by Time Technoplast Limited (promoter) stand cancelled on merger; TPLi s dissolved without winding up. Transferee Company – Time Technoplast Limited Resultantly, basis the shareholding pattern of Transferee Company, the Company is expected to issue 79,01,516 equity shares to the shareholders of Transferor Company basis which the pre and post- merger shareholding pattern would be as under: Category Pre-merger Post-merger No. of % of No. of % of shares voting shares voting rights rights Promoter 23,43,45,608 47.47% 23,43,45,608 46.73% Promoter Group Public 2,59,289,771 52.53% 26,71,91,287 53.27% Total 49,36,35,379 100.00% 50, 15,36,895 100.00% Pre-merger 49,36,35,379s hares; 79,O1,516 new equity shares issuedt o TPLs hareholderso ther than TTL. The actual number of shares to be issued by the Company would be as per the shareholdingp attern of the TransferorC ompanya s on the Record Date to be determined upon the Schemeb ecoming effective basis which the post-merger no. of shares as disclosed above may undergoa change. TPL PIl itech Ltd,