Time Technoplast MD, chairman and AGM
NSE: TIMETECHNOBSE: 532856Industrial ProductsSmall Cap
Share price at the NSE close on 29 Oct 2026. Previous close ₹161.91.
29 Oct: open ₹161.90, high ₹163.37, low ₹160.66
- Next results date: the board meets on 5 Nov 2026 to consider: financial results and other business matters. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹8,032 Cr587th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 16.40
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.96
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.92%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 14.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 15.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.15
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 12,47,12613.6% delivered
Time Technoplast's chairperson is Sanjaya Kulkarni and its managing director Bharat Kumar Vageria, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 22 Sep 2026.
Time Technoplast board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonSanjaya Kulkarni
- Managing directorBharat Kumar Vageria
- Company Secretary and Compliance OfficerManoj Kumar Mewara
11 directors4 independent4 executive3 non-executive
- Sanjaya Kulkarni · ChairpersonNon-executive · joined Mar 2003 · reappointed Sep 2024 · 2 listed boards · 3 committee seats, 2 as chair
- Bharat Kumar Vageria · Managing directorExecutive · joined Mar 1990 · reappointed Feb 2022 · 1 listed board · 2 committee seats
- Raghupathy ThyagarajanExecutive · joined Mar 1990 · reappointed Dec 2025 · 1 listed board
- Naveen Kumar JainExecutive · joined Dec 1989 · reappointed Dec 2025 · 1 listed board
- Sanjeev SharmaExecutive · joined Nov 2022 · reappointed Nov 2025 · 1 listed board
- Pradip Kumar DasIndependent · joined May 2024 · reappointed Jul 2024 · 28 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 2 as chair
- Deepak BakhshiIndependent · joined Aug 2024 · reappointed Sep 2024 · 25 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
- Vishal Anil JainNon-executive · joined Feb 2022 · reappointed May 2022 · 1 listed board
- M. K. WadhwaNon-executive · joined Jun 1995 · reappointed Sep 2024 · 2 listed boards
- Devendra Jitendra ShahIndependent · joined Aug 2026 · reappointed Sep 2026 · 1 month as independent · 2 listed boards · 2 as independent · 2 committee seats
- Hema Rajendra GaitondeIndependent · joined Aug 2026 · reappointed Sep 2026 · 1 month as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- Praveen Kumar Agarwal, left 27 Sep 2026: Tenure Completion
- Triveni Makhijani, left 27 Sep 2026: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 Sep 20269 of 11 present4 independent · 33 days in between
- 26 Aug 202613 of 13 present6 independent · 20 days in between
- 5 Aug 20268 of 11 present4 independent · 69 days in between
- 27 May 202611 of 11 present4 independent
Audit Committee
Chair Deepak Bakhshi
Bharat Kumar Vageria, Devendra Jitendra Shah
- 29 Sep 20263 of 3 present2 independent · 33 days in between
- 26 Aug 20263 of 3 present2 independent · 20 days in between
- 5 Aug 20263 of 3 present2 independent · 69 days in between
- 27 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Deepak Bakhshi
M. K. Wadhwa, Devendra Jitendra Shah
- 5 Aug 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Pradip Kumar Das
Bharat Kumar Vageria, Sanjaya Kulkarni
No meeting listed in the filing.
Risk Management Committee
Chair Bharat Kumar Vageria
Raghupathy Thyagarajan, Sanjaya Kulkarni, Deepak Bakhshi
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Bharat Kumar Vageria
M. K. Wadhwa, Deepak Bakhshi
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Mar 2026.
- K P M R & Co.Peer-review certificate valid to Apr 2029
- Raman S Shah & Co.Peer-review certificate valid to Feb 2029
1 earlier auditor
- Khandelwal Jain & Co.Named in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Time Technoplast AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Time Technoplast dividend history
Annual general meeting, 22 Sep 2026
1,39,999 shareholders on the register on 15 Sep 2026; present: 9 promoters and 87 others; votes counted by Arun Dash / Arun Dash and Associates.
- Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 72.19% · promoters 100.00% · institutions 89.41% · other public 2.79%
- Adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Auditors thereon.Ordinary99.68% for0.32% against
Against: promoters 0.00% · institutions 0.95% · other public 0.17%
Turnout: all 72.19% · promoters 100.00% · institutions 89.41% · other public 2.79%
- Declaration of dividend of Rs.1.50/- (Rupee One and Fifty Paise only) (150%) per equity share face value of Rs. 1/-(Rupee One only) each for the Financial Year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 72.19% · promoters 100.00% · institutions 89.41% · other public 2.79%
- To appoint a Director in place of Mr. Sanjaya Kulkarni (DIN: 00102575), who retires by rotation at this Annual General Meeting and being eligible, offers his candidature for re-appointment.Special99.91% for0.09% against
Against: promoters 0.00% · institutions 0.26% · other public 0.19%
Turnout: all 72.19% · promoters 100.00% · institutions 89.41% · other public 2.79%
- To appoint a Director in place of Mr. Mahinder Kumar Wadhwa (DIN: 00064148), who retires by rotation at this Annual General Meeting and being eligible, offers his candidature for re-appointment.Special99.86% for0.14% against
Against: promoters 0.00% · institutions 0.43% · other public 0.19%
Turnout: all 72.19% · promoters 100.00% · institutions 89.41% · other public 2.79%
- Appointment of Mr. Devendra Jitendra Shah (DIN: 03095028) as an Independent Director of the Company for the first term of five (5) consecutive years effective from August 05, 2026 to August 04, 2031.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 72.19% · promoters 100.00% · institutions 89.41% · other public 2.79%
- Appointment of Mrs. Hema Rajendra Gaitonde (DIN: 11835462) as an Independent Director of the Company for the first term of five (5) consecutive years effective from August 05, 2026 to August 04, 2031.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 72.19% · promoters 100.00% · institutions 89.41% · other public 2.79%
- To ratify the remuneration payable to M/s. Darshan Vora & Co., Cost Accountants, Cost Auditor of the Company for the Financial Year ending March 31, 2027.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.19%
Turnout: all 72.19% · promoters 100.00% · institutions 89.41% · other public 2.79%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 11 Sep 2025, 12 resolutions
1,41,769 shareholders on the register on 4 Sep 2025; present: 9 promoters and 75 others; votes counted by Arun Dash / Arun Dash and Associates.The company's voting result
a) Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2025, including the Audited Balance Sheet, the Statement of Profit & Loss and Cash Flow for the year ended on that date and the Report of the Board of Directors and Auditors thereon. b) Adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2025, including the Audited Balance Sheet, the Statement of Profit & Loss and Cash Flow for the year ended on that date and the Report of the Board of Directors and Auditors thereon.MoreLess
Ordinary99.75% for0.25% againstAgainst: promoters 0.00% · institutions 0.91% · other public 0.01%
Turnout: all 73.21% · promoters 100.00% · institutions 91.91% · other public 7.11%
- Declaration of Dividend at the rate of Rs. 2.50/- per equity share (250%) on the face value of Rs. 1/- each for the financial year ended 31st March, 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 73.27% · promoters 100.00% · institutions 92.18% · other public 7.11%
- To re-appoint Mr. Bharat Kumar Vageria (DIN: 00183629), who retires by rotation as a Director and being eligible, offers himself for reappointment.Ordinary98.27% for1.73% against
Against: promoters 0.00% · institutions 6.24% · other public 0.02%
Turnout: all 71.25% · promoters 96.10% · institutions 92.18% · other public 7.11%
- To re-appoint Mr. Vishal Jain (DIN: 03137163), who retires by rotation and being eligible, offers himself for re-appointment as a Director.Ordinary99.56% for0.44% against
Against: promoters 0.00% · institutions 1.64% · other public 0.02%
Turnout: all 73.13% · promoters 99.74% · institutions 92.18% · other public 7.11%
To appoint M/s. Raman S Shah & Co., Chartered Accountants (FRN: 111919W) as Joint Statutory Auditors of the Company for a first term of 5 (five) consecutive years from the conclusion of the 35th Annual General Meeting until the conclusion of the 40th Annual General Meeting of the Company.MoreLess
Ordinary99.74% for0.26% againstAgainst: promoters 0.00% · institutions 0.96% · other public 0.01%
Turnout: all 73.27% · promoters 100.00% · institutions 92.18% · other public 7.11%
- To appoint M/s. Dash Dwivedi & Associates LLP, Company Secretaries as Secretarial Auditor of the Company for a first term of 5 (five) years from April 1, 2025 to March 31, 2030.Ordinary99.77% for0.23% against
Against: promoters 0.00% · institutions 0.86% · other public 0.01%
Turnout: all 73.27% · promoters 100.00% · institutions 92.18% · other public 7.11%
- To ratify the remuneration of Cost Auditors for the Financial Year 2025 – 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 73.27% · promoters 100.00% · institutions 92.18% · other public 7.11%
- Re-appointment of Mr. Naveen Kumar Jain (DIN: 00183948) as a Whole Time Director for a term of five years w.e.f. December 01, 2025.Ordinary99.57% for0.43% against
Against: promoters 0.00% · institutions 1.56% · other public 0.02%
Turnout: all 71.28% · promoters 96.16% · institutions 92.18% · other public 7.11%
- Re-appointment of Mr. Raghupathy Thyagarajan (DIN: 00183305) as a Whole Time Director for a term of five years w.e.f. December 01, 2025Ordinary99.57% for0.43% against
Against: promoters 0.00% · institutions 1.56% · other public 0.01%
Turnout: all 71.27% · promoters 96.13% · institutions 92.18% · other public 7.11%
- Re-appointment of Mr. Sanjeev Sharma (DIN: 08312517) as a Whole Time Director for a term of three years w.e.f. November 12, 2025.Ordinary99.61% for0.39% against
Against: promoters 0.00% · institutions 1.46% · other public 0.01%
Turnout: all 73.27% · promoters 100.00% · institutions 92.18% · other public 7.11%
- Increase in Authorized Capital of the Company from Rs. 52,50,00,000 to Rs. 100,00,00,000 and consequential amendment to Memorandum of Association of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 73.27% · promoters 100.00% · institutions 92.18% · other public 7.11%
- Issue of Bonus Shares in the ratio of 1:1.Ordinary99.16% for0.84% against
Against: promoters 0.00% · institutions 3.11% · other public 0.01%
Turnout: all 73.27% · promoters 100.00% · institutions 92.18% · other public 7.11%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 28 Nov 2024, 1 resolution
To approve capital raising by way of issuance of equity shares and/or equity linked securities by way of Qualified Institutions Placement (“QIP”) for an aggregate amount of up to Rs. 1,000 Crore (Rupees One Thousand Crore Only).MoreLess
Special99.70% for0.30% againstAgainst: promoters 0.00% · institutions 1.16% · other public 0.26%
Turnout: all 69.84% · promoters 100.00% · institutions 88.97% · other public 0.38%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Sep 2024, 10 resolutions
Present: 9 promoters and 72 others.
(a) Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2024, including the Audited Balance Sheet as at 31st March 2024, the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon.nn(b) Adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2024, including the Audited Balance Sheet as at 31st March 2024, the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon.nMoreLess
Ordinary99.83% for0.17% againstAgainst: promoters 0.00% · institutions 0.67% · other public 0.00%
Turnout: all 71.29% · promoters 100.00% · institutions 90.00% · other public 7.38%
- Declaration of Dividend at the rate of Rs. 2/- per equity share (200%) on the face value of Rs. 1/- each for the financial year ended 31st March, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.50% · promoters 100.00% · institutions 91.06% · other public 7.38%
- To re-appoint Mr. Naveen Kumar Jain (DIN: 00183948), who retires by rotation and being eligible, offers himself for re-appointment as a Director.Ordinary98.91% for1.09% against
Against: promoters 0.00% · institutions 4.25% · other public 0.01%
Turnout: all 69.51% · promoters 96.16% · institutions 91.06% · other public 7.38%
To appoint M/s. Khandelwal Jain & Co. (FRN: 105049W) and M/s. K P M R & Co. (FRN: 104497W) Chartered Accountants, as Joint Statutory Auditors of the Company to hold office for a period of 5 (five) consecutive years.MoreLess
Ordinary99.37% for0.63% againstAgainst: promoters 0.00% · institutions 2.52% · other public 0.01%
Turnout: all 71.50% · promoters 100.00% · institutions 91.06% · other public 7.38%
- To ratify the remuneration of Cost Auditors for the Financial Year 2024 – 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 71.50% · promoters 100.00% · institutions 91.06% · other public 7.38%
- Appointment of Mr. Deepak Bakhshi (DIN: 07344217) as an Independent Director of the Company to hold office for a first term of 5 (five) consecutive years.Special90.87% for9.13% against
Against: promoters 0.00% · institutions 36.67% · other public 0.01%
Turnout: all 71.50% · promoters 100.00% · institutions 91.06% · other public 7.38%
- Appointment of Mr. Sanjaya Kulkarni (DIN: 00102575) as a Non-Executive Non-Independent Director of the Company.Special97.37% for2.63% against
Against: promoters 0.00% · institutions 10.57% · other public 0.05%
Turnout: all 71.50% · promoters 100.00% · institutions 91.06% · other public 7.38%
- Appointment of Mr. Mahinder Kumar Wadhwa (DIN: 00064148) as a Non-Executive Non-Independent Director of the Company.Special97.27% for2.73% against
Against: promoters 0.00% · institutions 10.96% · other public 0.05%
Turnout: all 71.50% · promoters 100.00% · institutions 91.06% · other public 7.38%
- Amendments to Time Technoplast Limited – Employee Stock Option Plan 2017 (“ESOP 2017”).Special98.78% for1.22% against
Against: promoters 0.00% · institutions 4.89% · other public 0.15%
Turnout: all 71.50% · promoters 100.00% · institutions 91.06% · other public 7.38%
Extension of 'Time Technoplast Limited – Employees Stock Option Plan 2017' ( ESOP 2017 ) to the employees of Holding Company, its Subsidiary Company(ies)/Step down Subsidiary Company(ies) and/or Associate Company(ies)/Joint Venture Company, Group Company(ies) [present and future/India and Overseas].MoreLess
Special88.80% for11.20% againstAgainst: promoters 0.00% · institutions 44.97% · other public 0.15%
Turnout: all 71.50% · promoters 100.00% · institutions 91.06% · other public 7.38%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 6 Jul 2024, 1 resolution
- Appointment of Mr. Pradip Kumar Das (DIN: 06593113) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 68.09% · promoters 100.00% · institutions 82.51% · other public 6.74%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Sep 2023, 4 resolutions
Present: 9 promoters and 72 others.
Adoption of Audited Financial Statements (both – Standalone and Consolidated) of the Company for the financial year ended 31st March, 2023, including the Audited Balance Sheet as at 31st March, 2023, the Statement of Profit & loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 61.44% · promoters 100.00% · institutions 60.38% · other public 0.86%
- Declaration of Dividend at the rate of Rs. 1.25/- per equity share (125%) on the face value of Rs. 1/- each for the financial year ended 31st March, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 61.94% · promoters 100.00% · institutions 63.55% · other public 0.86%
- To appoint Mr. Raghupathy Thyagarajan (DIN: 00183305), who retires by rotation and being eligible, offers himself for re-appointment as a Director.Ordinary96.73% for3.27% against
Against: promoters 0.00% · institutions 19.67% · other public 0.05%
Turnout: all 59.92% · promoters 96.10% · institutions 63.55% · other public 0.86%
- To ratify the remuneration of Cost Auditors for the financial year ending 31st March, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 61.94% · promoters 100.00% · institutions 63.55% · other public 0.86%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 4 Feb 2023, 2 resolutions
- Appointment of Mr. Sanjeev Sharma (DIN: 08312517) as a Director of the Company.Ordinary93.31% for6.69% against
Against: promoters 0.00% · institutions 32.83% · other public 0.86%
Turnout: all 64.59% · promoters 100.00% · institutions 73.90% · other public 0.34%
- Ratification of Appointment of Mr. Sanjeev Sharma (DIN: 08312517) as a Whole TimenDirector of the Company w.e.f. November 12, 2022.Ordinary94.07% for5.93% against
Against: promoters 0.00% · institutions 29.09% · other public 1.08%
Turnout: all 64.59% · promoters 100.00% · institutions 73.90% · other public 0.34%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 28 Sep 2022, 5 resolutions
Present: 9 promoters and 64 others.
Adoption of Audited Financial Statements (both – Standalone and Consolidated) of the Company for the financial year ended 31st March, 2022, including the Audited Balance Sheet as at 31st March, 2022, the Statement of Profit & loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.18% · promoters 100.00% · institutions 88.30% · other public 24.26%
- Declaration of Dividend at the rate of Rs. 1/- per equity share (100%) on the face value of Rs. 1/- each for the financial year ended 31st March, 2022.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.56% · promoters 100.00% · institutions 90.51% · other public 24.26%
- To appoint Mr. Bharat Kumar Vageria (DIN: 00183629), who retires by rotation and being eligible, offers himself for re-appointment as a Director.Ordinary99.23% for0.77% against
Against: promoters 0.00% · institutions 3.59% · other public 0.01%
Turnout: all 72.53% · promoters 96.05% · institutions 90.51% · other public 24.26%
- Re-appointment of M/s. Shah & Taparia and M/s. Shah Khandelwal Jain & Associates as Joint Statutory Auditors of the Company for a second term of 2 (two) years.Ordinary95.25% for4.75% against
Against: promoters 0.00% · institutions 24.46% · other public 0.30%
Turnout: all 64.37% · promoters 100.00% · institutions 72.49% · other public 1.71%
- To ratify the remuneration of Cost Auditors for the financial year ending 31st March, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 74.56% · promoters 100.00% · institutions 90.51% · other public 24.26%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 22 Sep 2026, 14 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.13 for0 against
- Adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Auditors thereon.
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundNon-disclosure of the audited financial statements of Subsidiaries on the website of the Company.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundUnqualified financial statements. Non-Compliant with S. 136(1) of the Companies Act & Regulation 46(2)(s) of SEBI LODR: Nondisclosure of the audited financial statements of Subsidiaries on the website of the Company.
9 for4 against - Declaration of dividend of Rs.1.50/- (Rupee One and Fifty Paise only) (150%) per equity share face value of Rs. 1/-(Rupee One only) each for the Financial Year ended March 31, 202613 for0 against
- To appoint a Director in place of Mr. Sanjaya Kulkarni (DIN: 00102575), who retires by rotation at this Annual General Meeting and being eligible, offers his candidature for re-appointment.14 for0 against
- To appoint a Director in place of Mr. Mahinder Kumar Wadhwa (DIN: 00064148), who retires by rotation at this Annual General Meeting and being eligible, offers his candidature for re-appointment.14 for0 against
- Appointment of Mr. Devendra Jitendra Shah (DIN: 03095028) as an Independent Director of the Company for the first term of five (5) consecutive years effective from August 05, 2026 to August 04, 2031.13 for0 against
- Appointment of Mrs. Hema Rajendra Gaitonde (DIN: 11835462) as an Independent Director of the Company for the first term of five (5) consecutive years effective from August 05, 2026 to August 04, 2031.14 for0 against
- To ratify the remuneration payable to M/s. Darshan Vora & Co., Cost Accountants, Cost Auditor of the Company for the Financial Year ending March 31, 2027.13 for0 against
5 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
- Item 6, as a fund house numbered it1 for0 against
- Item 8, as a fund house numbered it1 for0 against
Mutual fund votes, meeting of 11 Sep 2025, 11 fund houses
a) Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2025, including the Audited Balance Sheet, the Statement of Profit & Loss and Cash Flow for the year ended on that date and the Report of the Board of Directors and Auditors thereon. b) Adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2025, including the Audited Balance Sheet, the Statement of Profit & Loss and Cash Flow for the year ended on that date and the Report of the Board of Directors and Auditors thereon.MoreLess
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundThe Company has not disclosed the financials of its subsidiaries on its website.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundUnqualified Financial Statements. Non-Compliant with Companies Act, 2013 & SEBI LODR Regulations: The Company has not disclosed the financials of its subsidiaries for FY 2024-25 on its website.
7 for4 against- Declaration of Dividend at the rate of Rs. 2.50/- per equity share (250%) on the face value of Rs. 1/- each for the financial year ended 31st March, 2025.11 for0 against
- To re-appoint Mr. Bharat Kumar Vageria (DIN: 00183629), who retires by rotation as a Director and being eligible, offers himself for reappointment.11 for0 against
- To re-appoint Mr. Vishal Jain (DIN: 03137163), who retires by rotation and being eligible, offers himself for re-appointment as a Director.11 for0 against
To appoint M/s. Raman S Shah & Co., Chartered Accountants (FRN: 111919W) as Joint Statutory Auditors of the Company for a first term of 5 (five) consecutive years from the conclusion of the 35th Annual General Meeting until the conclusion of the 40th Annual General Meeting of the Company.MoreLess
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundTransparency Concern: It cannot be ascertained as to whether there is significant shift between the remuneration paid to the outgoing and the proposed auditors and if yes, then whether it is fair. Further, it also cannot be ascertained as to what is the segregation of remuneration between both of the Joint Auditors and whether the same is fair.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Transparency Concern: It cannot be ascertained as to whether there is significant shift between the remuneration paid to the outgoing and the proposed auditors and if yes, then whether it is fair. Further, it also cannot be ascertained as to what is the segregation of remuneration between both of the Joint Auditors and whether the same is fair.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
6 for5 against- To appoint M/s. Dash Dwivedi & Associates LLP, Company Secretaries as Secretarial Auditor of the Company for a first term of 5 (five) years from April 1, 2025 to March 31, 2030.
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundTransparency Concern: Without details regarding previous auditors’ remuneration available; it cannot be ascertained as to whether there is any material change in the proposed Audit fee or not.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed Auditors. Transparency Concern: Without details regarding previous auditors’ remuneration available; it cannot be ascertained as to whether there is any material change in the proposed Audit fee or not.
7 for4 against - To ratify the remuneration of Cost Auditors for the Financial Year 2025 – 2026.11 for0 against
- Re-appointment of Mr. Naveen Kumar Jain (DIN: 00183948) as a Whole Time Director for a term of five years w.e.f. December 01, 2025.
Against Mirae Asset Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
10 for1 against - Re-appointment of Mr. Raghupathy Thyagarajan (DIN: 00183305) as a Whole Time Director for a term of five years w.e.f. December 01, 2025
Against Mirae Asset Mutual Fund
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
10 for1 against - Re-appointment of Mr. Sanjeev Sharma (DIN: 08312517) as a Whole Time Director for a term of three years w.e.f. November 12, 2025.11 for0 against
- Increase in Authorized Capital of the Company from Rs. 52,50,00,000 to Rs. 100,00,00,000 and consequential amendment to Memorandum of Association of the Company.11 for0 against
- Issue of Bonus Shares in the ratio of 1:1.11 for0 against
Mutual fund votes, meeting of 28 Nov 2024, 8 fund houses
1 proposal
To approve capital raising by way of issuance of equity shares and/or equity linked securities by way of Qualified Institutions Placement (“QIP”) for an aggregate amount of up to Rs. 1,000 Crore (Rupees One Thousand Crore Only).MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance concern: Potential for significant dilution and no clarity regarding the reasoning behind not opting for Rights Issue.
4 for4 against
Mutual fund votes, meeting of 27 Sep 2024, 8 fund houses
11 proposals
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
(a) Adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2024, including the Audited Balance Sheet as at 31st March 2024, the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon.nn(b) Adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2024, including the Audited Balance Sheet as at 31st March 2024, the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon.nMoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundUnqualified financial statements. Non-Compliant with S.136(1) of the Companies Act & Regulation 46(2)(s) of SEBI LODR: Non-Disclosure of the audited Financial Statements of Subsidiaries on the website of the Company
3 for4 against- Declaration of Dividend at the rate of Rs. 2/- per equity share (200%) on the face value of Rs. 1/- each for the financial year ended 31st March, 2024.8 for0 against
- To re-appoint Mr. Naveen Kumar Jain (DIN: 00183948), who retires by rotation and being eligible, offers himself for re-appointment as a Director.
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on the merit of proposed appointee. Technical Non-Compliance under Regulation 36(3) of SEBI LODR: The Company has not disclosed the information as required under the said regulation in the Notice [Profile, Directorship(s), Committee Membership(s), Inter-se Relationship, etc.]
5 for3 against To appoint M/s. Khandelwal Jain & Co. (FRN: 105049W) and M/s. K P M R & Co. (FRN: 104497W) Chartered Accountants, as Joint Statutory Auditors of the Company to hold office for a period of 5 (five) consecutive years.MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with SEBI LODR Regulations: Rationale for a material change in audit fee not disclosed. Governance Concern: Material Change in Audit Fee. Transparency Concern: No clarity on the bifurcation of work & audit fee among the Joint Auditors.
5 for3 against- To ratify the remuneration of Cost Auditors for the Financial Year 2024 – 2025.8 for0 against
- Appointment of Mr. Deepak Bakhshi (DIN: 07344217) as an Independent Director of the Company to hold office for a first term of 5 (five) consecutive years.
Against Bandhan Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. Governance Concern: Proposed term of appointment may lead to prolonged association with group.
- HDFC Mutual FundGiven the long association with the promoter group, he should not be appointed as an Independent director
4 for4 against - Appointment of Mr. Sanjaya Kulkarni (DIN: 00102575) as a Non-Executive Non-Independent Director of the Company.
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. Governance Concern: No cooling off period of 1 year served after completion of term as ID. Appointment as NED will raise question over his independence in the previous term as ID.
5 for3 against - Appointment of Mr. Mahinder Kumar Wadhwa (DIN: 00064148) as a Non-Executive Non-Independent Director of the Company.
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. Governance Concern: No cooling off period of 1 year served after completion of term as ID. Appointment as NED will raise question over his independence in the previous term as ID.
5 for3 against - Amendments to Time Technoplast Limited – Employee Stock Option Plan 2017 (“ESOP 2017”).8 for0 against
Extension of 'Time Technoplast Limited – Employees Stock Option Plan 2017' ( ESOP 2017 ) to the employees of Holding Company, its Subsidiary Company(ies)/Step down Subsidiary Company(ies) and/or Associate Company(ies)/Joint Venture Company, Group Company(ies) [present and future/India and Overseas].MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: ESOP benefits proposed to be extended to Associate Companies without compelling justification or cost reimbursement provision.
- HDFC Mutual FundESOPs/RSUs are granted at a significant discount to market price
4 for4 against
1 proposal not matched to one resolution
- Accept Financial Statements and Statutory Reports1 for0 against
Mutual fund votes, meeting of 6 Jul 2024, 5 fund houses
1 proposal
- Appointment of Mr. Pradip Kumar Das (DIN: 06593113) as an Independent Director of the Company.5 for0 against
Mutual fund votes, meeting of 26 Sep 2023, 3 fund houses
5 proposals
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
Adoption of Audited Financial Statements (both – Standalone and Consolidated) of the Company for the financial year ended 31st March, 2023, including the Audited Balance Sheet as at 31st March, 2023, the Statement of Profit & loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereonMoreLess
3 for0 against- Declaration of Dividend at the rate of Rs. 1.25/- per equity share (125%) on the face value of Rs. 1/- each for the financial year ended 31st March, 2023.3 for0 against
- To appoint Mr. Raghupathy Thyagarajan (DIN: 00183305), who retires by rotation and being eligible, offers himself for re-appointment as a Director.3 for0 against
- To ratify the remuneration of Cost Auditors for the financial year ending 31st March, 2024.2 for0 against
1 proposal not matched to one resolution
- Approve remuneration of Rs.250,000 for Darshan Vora & Co as cost auditors for FY241 for0 against
Mutual fund votes, meeting of 4 Feb 2023, 1 fund house
2 proposals
- Appointment of Mr. Sanjeev Sharma (DIN: 08312517) as a Director of the Company, liable to retire by rotation.1 for0 against
Ratification of Appointment of Mr. Sanjeev Sharma (DIN: 08312517) as a Whole Time Director of the Company for a period of three years with effect from November 12, 2022, to November 11, 2025, liable to retire by rotation and including remuneration.MoreLess
1 for0 against
Mutual fund votes, meeting of 28 Sep 2022, 1 fund house
5 proposals
Adoption of Audited Financial Statements (both – Standalone and Consolidated) of the Company for the financial year ended 31st March, 2022, including the Audited Balance Sheet as at 31st March, 2022, the Statement of Profit & loss and Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon.MoreLess
1 for0 against- Declaration of Dividend at the rate of Rs. 1/- per equity share (100%) on the face value of Rs. 1/- each for the financial year ended 31st March, 2022.1 for0 against
- To appoint Mr. Bharat Kumar Vageria (DIN: 00183629), who retires by rotation and being eligible, offers himself for re-appointment as a Director.1 for0 against
- Re-appointment of M/s. Shah & Taparia and M/s. Shah Khandelwal Jain & Associates as Joint Statutory Auditors of the Company for a second term of 2 (two) years.1 for0 against
- To ratify the remuneration of Cost Auditors for the financial year ending 31st March, 2023.1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| QIPNov 2025, checked by CARE Ratings Limited | 800.00 | Repayment / pre-payment, in full or in part, of certain outstanding borrowings availed by our Company | 400.00 | 400.00 | No |
| QIPNov 2025, checked by CARE Ratings Limited | 800.00 | Capital expenditure for purchase of machinery and equipment towards automation and re-engineering | 89.37 | 15.07 | No |
| QIPNov 2025, checked by CARE Ratings Limited | 800.00 | Investment in wholly owned subsidiary Time Ecotech Private Limited for purchase of equipment for recycling plants at Umbergaon, Gujarat and Gadarpur, Uttarakhand | 54.90 | 18.99 | No |
| QIPNov 2025, checked by CARE Ratings Limited | 800.00 | Capital expenditure for purchase of de-odorizing equipment | 14.80 | 2.57 | No |
| QIPNov 2025, checked by CARE Ratings Limited | 800.00 | Funding inorganic growth, including but not limited to acquisitions, strategic investments, and joint ventures and general corporate purposes | 222.06 | 1.52 | No |
| QIPNov 2025, checked by CARE Ratings Limited | 800.00 | Fees, commissions and expenses relating to this Issue | 18.87 | 18.87 | No |