Time Securities Services Acquires Shares in Time Technoplast Ltd: Promoter Group Stake Remains Steady at 47.56%
Time Securities Services Limited completed the purchase of equity shares in Time Technoplast Limited as part of an inter-se transfer among promoter groups. The acquisition was carried out on June 23, 2026.The transaction involved Time Securities Services Limited acquiring 10,00,000 equity shares of Time Technoplast Limited through the open market. These shares were acquired at an average price of Rs. 178.02 per share.
According to details of the inter-se transfer between members of the promoter/promoter group, the acquisition represents a 0.20% stake in the company's total diluted share/voting capital.
The transaction was completed through an inter-se transfer among the Promoter/Promoter Group. Despite the purchase, the aggregate holding of the Promoter and Promoter Group remains unchanged at 47.56% of the paid-up share capital of Time Technoplast Limited before and after the transaction.
Key details regarding the acquisition and promoter group holding are summarized in the table below:
| Metric | Detail |
|---|---|
| Transaction Date | June 23, 2026 |
| Shares Acquired | 10,00,000 shares |
| Acquirer | Time Securities Services Limited |
| Average Purchase Price | Rs. 178.02 per share |
| Percentage Acquisition | 0.20% (of diluted capital) |
| Promoter/Group Holding Before Transfer | 47.56% |
| Promoter/Group Holding After Transfer | 47.56% |
TIMETECHNO Stock Price Movement
As of 2:50 PM, shares of Time Technoplast Limited gain ground, trading up 0.57% at ₹179.38. The stock traded within an intraday range of ₹176.41 to ₹182.47, with over 3.9 million shares being exchanged in the live market.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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