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Time Tech’s arm enters into agreement with Monbat AD

04 Feb 2026 Evaluate

Time Technoplast’s (Time Tech) subsidiary -- PowerBuild Batteries has entered into a business collaboration and exclusive distribution agreement with Monbat AD. Monbat AD is a leading European battery manufacturer headquartered in Bulgaria and part of the Prista Oil Group.

Under this arrangement, PowerBuild will exclusively distribute maintenance-free, advanced Valve Regulated Lead-Acid (VRLA) stationary and reserve power battery solutions from Monbat in India, catering to the rapidly expanding requirements of Data Centres, IT infrastructure, BFSI institutions, and other mission-critical industrial applications.

The agreement establishes a multi-year commercial collaboration. This collaboration supports the broader objectives of the Government of India’s Make in India initiative by strengthening domestic distribution and supply-chain infrastructure, generating local employment, developing technical support ecosystem, and enhancing service network capabilities for advanced battery solutions in India.

Time Technoplast (Time Tech) is a multinational conglomerate with operations in Bahrain, Egypt, Indonesia, India, Malaysia, U.A.E, Taiwan, Thailand, Vietnam, Saudi Arabia & USA is a leading manufacturer of polymer products.

Time Technoplast Share Price

187.15 -0.75 (-0.40%)
07-May-2026 16:59 View Price Chart
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