NSEDisclosure under SEBI Takeover Regulations23 Jun 2026 · 23 Jun 2026, 07:08 pm
Disclosure under SEBI Takeover Regulations
Time Technoplast Limited · TIMETECHNO
✦ AI SummaryPromoter Reclassif.
Time Securities Services Private Limited, a part of Time Technoplast's promoter group, acquired 1,000,000 equity shares (0.20% of total share capital) through an inter-se transfer from other promoter group entities. This transaction, executed on June 23, 2026, at a market price of Rs. 178.02 per share, is aimed at consolidating shareholding and is exempt under Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations, 2011. Crucially, the aggregate holding of the promoter and promoter group remains unchanged at 47.56% after this internal rearrangement.
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Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Time Securities Services Private Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
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TIME SECURITIES SERVICES PVT. LTD.
1,2,3' C' WING, 2ND FLOOR, TEX CENTRE PREMISESC O-OPS OCIETYL IMITED,
CHANDIVALI ROAD, OFF SAKI VIHAR ROAD, ANDHERI (EAST), MUMBAI - 400072
Tel.: 91-22-71119999/9903/Fax: 91-22-2857 5672
CIN: U67120MH 1995PTC089667
BSEL imited
National StockE xchangeo f India Ltd.
Exchange Plaza, 5th Floor, lst Floor, New Trading Ring,
Plot No. C-1, Block G, Rotunda Building,
Bandra – Kurla Complex, P.J.T owers, DalaI Street,
Fort, Mumbai– 4000 01
Bandra (East),M umbai - 400 051
Symbol: TIMETECHNO Scrip Code: 532856
Time Technoplast Limited
101, lst Floor, Centre Point,
Somnath Daman Road,
Somrrath, Dabhel, Nani Daman,
Dadra and Nagar Haveli and Daman and Diu (U.T.) – 396 210
sub: Submission of disclosure under Regulation 10(6) of Securities and ExchangeB oard of
India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011,W ITH
RESPECT TO INTER-SE TRANSFER AMONGST THE PROMOTER/PROMOTER
GROUPO F TIME TECHNOPLASTL IMITED.
Dear Sir/ Madam,
We hereby submit the disclosure as required under Regulation 10(6) of the Securitiesa nd
Exchange Board of India (Substm\tial Acquisition of Shares and Takeovers) Regulations, 2011, for
the acquisition of 10/00/000e quity shares,c onstituting 0.20% of the equity share capital of Time
Technoplast Lhrated, the details of which are set out below: -
Date of Name of Person Name of Person No. of
Transaction Promoter/Promoter Group Promoter/Promoter Shares
/Acquirer Group/Seller acquired
23rd June, 2026 Time Securities Services Private Mr. Naveen Kumar Jain 2.00,000
Limited
23rd June, 2026 r 4,00,000
Limited Thyagarajan
23rdJ une, 2026 Time Securities Services t 4,00,000
Limited
This transaction/ BEING AN INTER-SE TRANSFER OF SHARES AMONGST THE
PROMOTER/PROMOTER GROUP, falls within the exemptions provided under Regulation
TIME SECURITIES SERVICESP VT. LTD.
1,2,3' C' WING, 2ND FLOOR,T EX CENTRE PREMISESC O-OPS OCIETYL IMITED,
CHANDIVALI ROAD, OFF S AKI VIHAR ROAD, ANDHERI (EAST), MUMBAI - 400072
Tel. : 91-22-7 1119999/9903/Fax: 91-22-2857 5672
CIN: U67 120MH1995PTC089667
THE AGGREGATE HOLDING OF PROMOTER AND PROMOTER GROUP BEFORE AND
AFTER THE ABOVE INTER-SE TRANSACTION REMAINS UNCHANGED AT 47.560/O. F
THE PAID-UP SHARE CAPITAL OF THE COMPANY.
In this connection, Disclosure in the prescribed format under Regulation 10(6) of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011 is enclosed as Annexure - A.
Pleaset ake this on record and acknowledge receipt.
Thanking you,
For Time Securities Services Private Limited (Acquired
Promotero f Time TechnoplastL imited
Bharat Kumar Vageria
Director
DIN: 00183629
Place:M umbai
Date: 23-dJ une,2 026
Admin Office: 55, CorporateA venue,2 nd Floor, Saki Vihar Road,A ndheri (East), Mumbai - 400072 INDIA.
TIME SECURITIES SERVICES PVT. LTD.
1,2,3' C' WING, 2ND FLOOR, TEX CENTREP REMISESC O-OPS O(_'IETYL IMITED,
CHANDIVALI ROAD, OFF SAKI VIHAR ROAD, ANDHERI (EAST), MUMBAI - 400072
Tel.: 91-22-71119999/9903/Fax: 91-22-2857 5672
CIN: U67 12 0MH1995PTC089667
Annexure A
Disclostue under Regulation 10(6)- Report to Stock Exchangesi n respect of any acquisition made in
reliance upon exemption provided for in Regulation 10 of Securities and ExchangeB oard of India
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011
1. Name of the Target Company (TC) Time TechnoplastL imited
t Time Securities Services Private Limited
of the TC are listed 1N ational Stock Exchange of India Ltd. (NSE)
4. Details of the transaction including The acquirerh as purchased1 0,00,00e0q uity
rationale, if any, for the transfer/ shares, representing 0.20% of the total share
acquisition of shares. capital of the target Company, for the purpose of
consolidation of shareholding, pursuant to an
inter-se transfer of shares amongst the
Promoter/ Promoter GrouI
5. Relevanrt egulationu nder which the 10(1)(a)(ii) of Securities and Exchange Board of
acquirer is exempted from making open India (Substantial Acquisition of Shares and
offer. Takeovers)R egulations,2 011
6. Whether disclosure of proposed acquisition Yes
was required to be madeu nder regulation
10 (5) and if so,
- whether disclosurew as made and Yes
whether it was made within the timeline
specified under the regulations.
- date of filing with the stock exchange. 15a' June, 2026
t s Whether the
disclosures
under regulation 10(5)
under
regulation
10(5)
actually made
12. Mr. RaghupathyT hyagarajan Yes
3. Mr. Vishal Anil Jain
23-dJ une,2 026 Yes
Admin Office: 55, Corporate Avenue, 2nd Floor, Saki Vihar Road, Andheri (East), Mumbai - 400072 INDIA.
TIME SECURITIES SERVICES PVT. LTD.
1,2,3' C' WING, 2ND FLOOR,T EX CENTRE PREMISESC O-OP SOCIETY LIMITED,
CHANDIVALI ROAD, OFF SAKI VIHAR ROAD, ANDHERI (EAST), MUMBAI - 400072
Tel.: 91-22-7 1 11 9999/9903/Fax: 91-22-2857 5672
CIN: U67 120MH1995PTC089667
r ghtsi n
respect of the acquisitions from each
person mentioned in 7(a) above
1. Mr. Naveen Kumar Jain 2,00,000
2. Mr. RaghupathyT hyagarajan 4,00,000 Yes
3. Mr. Vishal Anil Jain 4,00,000
Total 10,00,000
d Total sharesp roposedt o be acquired / 0.20% Yes
actually acquired as a % of diluted share
capital of TC
e Price at which sharesa re proposed4abe 178.02 The shares are
acquired / actually acquired purchased at Market
Price
Oh„,h,1,Eng Pre-Transaction Post-Transaction
details
No. of % w.r.t No. of % w.r.t
shares held total shares held total
share share
capital capital
of TC of TC
2 1 2
Time SecuritiesS ervicesP rivate Limited
Mr. Naveen Kumar Jain 89,97,500 1.82 87,97,500 1.78
Mr. Raghupathy Thyagarajan 90,77,500 1.84 86,77,500 1.76
Mr. Vishal Anil Jain 5,99,880 0.12 1,99,880 0.04
For Time Securities Services Private Limited (Acquired
Promoter of Time Technoplast Limited
Bharat Kumar Vageria gIl
Director -1:F
DIN: 00183629
Place: Mumbai
Date: 23"i June,2 026
Admin Office: 55, Corporate Avenue, 2nd Floor, Saki Vihar Road, Andheri (East), Mumbai - 400072 INDIA.