Time Technoplast has received an approval to raise funds up to Rs 150 crore through Qualified Institutional Placement (QIP), subject to Shareholders and Statutory / Regulatory approvals, if any. The board of directors at its meeting held on August 13, 2014 has approved for the same.
Time Technoplast is the leading plastic product company based in India and is engaged in manufacture of technology based innovative products in the space of industrial packaging, infrastructure, lifestyle , automobile, healthcare , material handling and composites. It has expanded its operations outside of India in UAE, Bahrain, Thailand, China, Taiwan and Indonesia. The company is also expanding its operations in South Korea, Vietnam, Turkey and Egypt.
