Time Technoplast: Board Meeting Outcome for Approval Of Fund Raising Through Qualified Institutions Placement ('QIP') For An Amount Not Exceeding ?1 000 Crores

We wish to inform you that the Board of Directors of Time Technoplast Limited at its meeting held today i.e. on October 25 2024 inter-alia considered and approved the following businesses:1. Raising of funds through Qualified Institutions Placement (QIP) for an amount not exceeding ?1 000 Crores in terms of the SEBI ICDR Regulations 2018 and/or any other permissible mode(s) subject to necessary approvals including the approval of the members of the Company and such other regulatory/statutory approvals as may be required.2. Considered and approved Notice of Postal Ballot to seek members approval for fund raising.