Time Technoplast Limited has disclosed that, based on the guidelines provided by SEBI Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2023/119 dated August 10, 2021, along with SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, the company does not qualify as a Large Corporate (LC) for the Financial Year 2025-26.

This confirmation follows the regulatory framework that mandates companies to assess their status based on certain criteria such as outstanding borrowings, credit ratings, and other financial parameters.

Key Points of Disclosure:

1. Company Overview:
   The company, Time Technoplast Limited, is a renowned player in the plastics and polymer industries, and it is committed to ensuring compliance with SEBI regulations. The company’s CIN is L27203DD1989PLC003240, and it operates with multiple manufacturing units across India.

2. Outstanding Borrowings:
   As of March 31, 2025, the outstanding borrowings of Time Technoplast amounted to Rs. 189.10 Crores. This figure is provisional and subject to audit, which is consistent with the SEBI reporting requirements.

3. Credit Rating:
   Time Technoplast has maintained an AA-/Stable credit rating from CRISIL Limited for the previous financial year. This rating is an important measure of the company's financial health and ability to meet its obligations.

4. Stock Exchange for Shortfall Payment:
   In case of a shortfall in the required borrowing under the framework, Time Technoplast has designated BSE Limited as the exchange where any necessary fine will be paid.

5. Compliance with SEBI Circulars:
   The company has confirmed that it does not meet the criteria to be classified as a Large Corporate as per the SEBI Circulars mentioned earlier. This is an important update for investors and stakeholders to understand the company's regulatory standing and its financial position.

Conclusion:

Time Technoplast Limited has complied with the SEBI circulars and clarified its position concerning the Large Corporate classification for the fiscal year 2025-26. The company continues to maintain strong financial health with an AA-/Stable credit rating and a manageable level of borrowings. This disclosure provides transparency and assures investors of the company's commitment to maintaining regulatory compliance.

For further updates, stakeholders are encouraged to monitor the company's annual filings and other regulatory disclosures as required by the Stock Exchanges and SEBI.

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