Time Technoplast Limited has informed the Exchange about Acquisition. 2026, executed a Share Purchase…
As filed · Time Technoplast Limited has informed the Exchange about Acquisition
What happened
FactTime Technoplast Limited has informed the Exchange about Acquisition. 2026, executed a Share Purchase Agreement ('SPA') with Systoverse Private Limited (’SPL'), a. Company’s total projected investment stands at Rs. 25 Crores (approx.), comprising of 76% equity.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
Scale
- 0.9% of FY26 revenue
₹25 Cr stated in the filing against ₹2,880.42 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
WithdrawnDuring the year, we invested ₹195 Cr (~US $ 23 Mn) in capital expenditure.
This includes Brownfield expansion and adding New Units, which will better align with evolving market demands while optimizing operational costs.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- We are driving a bold green energy transition with a commitment to source 75% of our electricity from solar wi (management committed by H1 FY27)
- The project is progressing on schedule and is expected to be completed by FY 2026-27. (management committed by FY27)
Evidence
- Time Technoplast Limited has informed the Exchange about Acquisition(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · Q1 FY26
- Earlier statement · FY25
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%