Your Share Count Is About to Multiply! Time Technoplast To Reward Investors With 1:1 Bonus Issue; Time To Buy?

For industries including Industrial Packaging Solutions, HDPE, DWC Pipes, and Auto Components, Time Technoplast Ltd. is a top producer of polymer products. The small-cap company with a market cap of around Rs 10,115 Cr has declared its financial results for the quarter ended on 30th June, along with a reward for shareholders as a part of a bonus share allowing them to double their share count through a 1:1 bonus issue.

Time Technoplast Bonus Shares

The Board of Directors of Time Technoplast Limited at its meeting held on August 11, 2025, considered and approved "Issue of bonus equity shares in the ratio of 1:1, ie., one (1) bonus equity share of face value of Rs 1/- each for every one (1) fully paid-up equity share of face value of Rs 1/- each, held by the members of the Company as on the record date, subject to the approval of the members of the Company and other regulatory approvals if any. The record date for determining the entitlement of the members of the Company to receive bonus equity shares will be announced in due course," said Time Technoplast in a stock exchange filing.

With a face value of Rs 1, Time Technoplast Limited has announced the issuing of 22,69,29,066 bonus equity shares, totalling about Rs 22.69 crore. After this allocation, the company's equity base would essentially double as the paid-up share capital rises from Rs 22.69 crore to Rs 45.38 crore. Time Technoplast Limited, whose securities premium account was valued at Rs 303.99 crore on March 31, 2025, would use Rs 22.69 crore to effectuate the 1:1 bonus issuance.

The 35th AGM is set for September 11, 2025, and eligible shareholders will get their bonus shares within two months of the board's approval, pending any required member and regulatory permissions. As a result, the company plans to complete the allocation of bonus shares by October 9, 2025, at the latest.

Time Technoplast Q1FY26 Results

In the June 2025 quarter, Time Technoplast's net profit increased 19.91% to Rs 95.10 crore from Rs 79.31 crore in the June 2024 quarter. In the quarter ending in June 2025, sales improved 9.97% to Rs 1352.65 crore, compared to Rs 1230.05 crore in the quarter ending in June 2024.

Time Technoplast Target Price

"Time Technoplast (CMP ₹447.80) is trading with a positive bias, holding well above its key support at ₹435. The stock recently witnessed a steady up-move, and as long as it sustains above this support, momentum is likely to remain strong. Immediate resistance is seen at ₹455, and a breakout above this could push prices toward ₹470 in the short term. Price action is supported by healthy volumes, while momentum indicators suggest continued buying interest. Dips toward ₹438-₹442 can be used for accumulation with a stop-loss below ₹435," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

"Time Technoplast stock price is bearish on the Daily charts with strong resistance at 478. A daily close below support of 438 could lead to a target of 367 in the near term," commented A R Ramachandran, independent research analyst.

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