Monitoring Agency Report

TlmE7 August 07, 2026 National Stock Exchangeo f India Ltd. BSEL imited Exchange Plaza, 5th Floor, lst Floor, New Trading Ring, Plot No. C-1, Block G, Rotunda Building, Bandra– Kurla Complex, P.J.T owers, DalaIS treet, Bandra (East), Mumbai – 400 051 Fort, Mumbai – 400 001 Symbol: TIMETECHNO Scrip Code: 532856 Dear Sir/Madam, Sub: Monitoring Agency Report for the Quarter ended June 30, 2026 Pursuant to Regulation 32(6) of SEBI( Listing Obligations and Disclosure Requirements) Regulations/ 2015, read with Regulation 173A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed the Monitoring Agency Report for the quarter ended June 30, 2026, issued by CARER atings Limited ('Monitoring Agency'), appointed to monitor the utilisation of proceeds raised by the Company through its Qualified Institutional Placement ('QIP'). The Report has been reviewed by the Audit Committee and noted by the Board of Directors. The report will also be availableo n the websiteo f the Companya t https://www.timetechnoplast.com/investor-center/qualified-institutional-placement/ You are requested to take note of the same. Thankingy ou, Yours Faithfully, For TIMET ECHNOPLASLTI MITED IVIANOJK UIVIARM EWARA SR. VP FINANCE & COMPANY SECRETARY TIME TECHNOPLAST LTD With a vision for the future GIN : L27203DD1989PLC003240 Regd. Office : 101, 1s t Floor. Centre Point, Somnath Daman Road. Somnath, Dabhol, Nani Daman, Daman - 396210 Corp. Off. : 55, Corporate Avenue, 2nd Floor, Saki Vihar Road, Andheri (East), Mumbai - 4CXI0 72 INDIA Tet, : 91-22-7111 9999 /9g)3 E-mal : ttl@tjmetechnoplast.mm Website . www.tlmetechnoplast.com Bangalore (080) 277353+6 / 47 Baddi ' 9816720202/9816820202n816700202 Chennai (044) 4501 0019 / 29 Delhi : {0120) 4326144 /4284946 Hyderabad ' 9849019428 Ko No. CARE/KRO/GEN/2026-27/1057 The Board of Directors Time Technoplast Limited 55, Corporate Avenue, 2nd Floor, Saki Vihar Road, Andheri (East), Mumbai - 400072 August 05, 2026 Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the QIP Time Technoplast Limited (“the Company”) We write in our capacity of Monitoring Agency for the Qualified Institutional Placement for the amount aggregating to Rs. 800.00 crore of the Company and refer to our duties cast under Regulation 173A of the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations. In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June 30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated November 06, 2025. Request you to kindly take the same on records. Thanking you, Yours faithfully, Richa Bagaria Associate Director Richa.jain@careedge.in CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 4th Floor, Godrej Coliseum, Somaiya Hospital 15 Park Street, Kolkata – 700016 Road, Off Eastern Express Highway, Sion (East), Phone: +91-33-4018 1600/2283 1803 Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Report of the Monitoring Agency Name of the issuer: Time Technoplast Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: CARE Ratings Limited (a) Deviation from the objects: No (b) Range of Deviation: Not applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit related analyses. We confirm that there is no conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking credit rating or other commercial transactions with the entity. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Richa Bagaria Designation of Authorized person/Signing Authority: Associate Director CARE Ratings Limited Unit No. A/7/4, 7th Floor Block A, Apeejay House, 4th Floor, Godrej Coliseum, Somaiya Hospital 15 Park Street, Kolkata – 700016 Road, Off Eastern Express Highway, Sion (East), Phone: +91-33-4018 1600/2283 1803 Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 1) Issuer Details: Name of the issuer : Time Technoplast Limited Name of the promoter : Time Securities Services Private Limited, Vishwalaxmi Trading and Finance Private Limited, Time Exports Private Limited, Bharat Kumar Vageria, Naveen Kumar Jain, and Raghupathy Thyagarajan. Industry/sector to which it belongs : Industrial packaging, composite cylinder, energy storage systems and polymer pipes industries 2) Issue Details Issue Period : November 06, 2025, to November 11, 2025 Type of issue (public/rights) : Qualified Institutional Placement of equity shares Type of specified securities : Equity Shares IPO Grading, if any : Not applicable Issue size (in crore) : Rs. 800.00 crore 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information / certifications considered Comments of the Comments of the Particulars Reply by Monitoring Agency for preparation of report Monitoring Agency Board of Directors The proceeds from QIP have been utilized appropriately for the objectives mentioned in the offer Chartered Accountant certificate*, Bank Whether all utilization is as per the disclosures in the Offer document in Q1FY27 except for No Statements, Placement Document and Board No comments Document? Rs.1.74 crore which has been used for Resolutions purposes other than mentioned in placement document. For details refer section 4(ii) of the report. Whether shareholder approval has been obtained in case of There has been no material deviation Chartered Accountant certificate*, Placement material deviations# from expenditures disclosed in the Offer NA from expenditures disclosed in the No comments Document, Management undertaking Document? Offer Document. Whether the means of finance for the disclosed objects of the Chartered Accountant certificate*, Placement No There has been no such change. No comments issue have changed? Document, Management undertaking Is there any major deviation observed over the earlier monitoring There is no major deviation observed No Monitoring Agency Report dated May 13, 2026 No comments agency reports? over the earlier monitoring agency CARE Ratings Lim [Showing first 8,000 characters — download PDF for full document]