Time Technoplast Limited — Board Meeting, 25-10-2024: Outcome of Board Meeting

Time Technoplast Limited's Board of Directors approved the raising of up to ₹1,000 crores through a Qualified Institutions Placement (QIP). The funds will be allocated for debt repayment, capital investments in new projects, automation enhancements, growth initiatives, working capital needs, and general corporate purposes. Additionally, they have decided to seek member approval via a postal ballot for this fundraising initiative.