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History of Time Technoplast Ltd.

Our Comp. was incorporated on December 20, 1989 in the name & style as Time Packaging Private Limited & in the year 1992 the name of our Company was changed to Time Packaging Limited. In view of diversified polymer products range & technological adoptions the name of our Comp. was further changed from Time Packaging Limited to Time Technoplast Limited with effect from May 01, 2006.

Our current Promoters are Mr. Anil Jain, Mr. Bharat Vageria, Mr. Raghupathy Thyagarajan, Mr. Naveen Jain, Time Securities Services Pvt. Ltd., Time Exports Pvt. Ltd & Vishwalaxmi Trading & Finance Pvt. Ltd.

We are engaged in manufacture & sale of technology based polymer products catering to growth sectors of Indian economy i.e. Industrial & Consumer Packaging Solutions, Life Style Products, Auto Components, Health Care Products and Construction & Infrastructure related products.

Our Comp. started in the year 1991 & over a period of 15 years our Comp. has established production facilities at six different locations across the country.

Having established business in the country, our Comp. is now in the process of venturing into overseas markets & to this end our Comp. is now in the process of setting up manufacturing facilities in the Middle East, Europe & also entering into joint venture with Mauser Group to acquire or set up related business in other Asian countries.

Major Events

Year Key Events

1992 Started as a Small Scale Industry with production facility at Tarapur [Maharashtras] 1993 Technological collaboration with the Mauser Group 1994 Built new production facility at Daman [U.T.s] - started manufacture of large size polymer drums 1995 Established presence in South India through production facility at Hosur [Tamil Nadus] 1995 Awarded MIPI symbol of quality as international recognition of product quality & systems 1996 Established presence in North India through plant at Baddi [Himachal Pradeshs] 1998 Launched Lifestyle Products - Synthetic Turf and Matting under the brand 'Meadowz' & 'DuroTurf' 1999 Launched Lifestyle Product Garden Furniture under the brand 'Regal' 1999 Built additional production facility at Daman for packaging product expansion 2000 Added new facility at Sahibabad for Garden Furniture and other injection moulded articles 2001 Set up additional plant for PET sheets at Daman 2001 Started production of plastic pails 'Conipails' 2002 Further increased capacity for large size plastic drums at Daman 2003 Further expanded capacity for large size plastic drums at Sahibabad for North India 2004 Established joint venture Comp. with Mauser for manufacture of Intermediate Bulk Containers [IBCss] 2005 Developed and launched Anti Spray Systems [3Ss] 2005 Set up a 100% subsidiary in UAE, Sharjah 2006 Set up production facility & launched Lifestyle products 'DuroSoft' 2006 Started additional manufacturing facility for production of large size plastic drums at Mahad 2006 Developed and launched 'Genex' medical devices [Auto Disable Syringes, Blood Sampler and Face Maskss] 2006 Set up a 100% Subsidiary at Poland 2006 Amalgamation of OMPL & SPPL with our Company. 2006 Acquisition of 75% stake in TPL. 2006 Entered into an MoU with TSSPL for acquisition of 49% stake in MHA [joint venture with Mauser Groups] at Singapore 2006 Initiated setting up of Steel Drum project in Maharashtra under Time Mauser Industries Pvt. Ltd. 2007 Certificate of Compliance for successfully implementation of Quality Management System in conformance to the requirements of WHO-GMP for our auto-disable syringe and blood sampler factory manufacturing facility at Baddi

-The initial public offering of Time Technoplast, which makes & sells polymer products, has been oversubscribed 49.55 times, having got 19.43 crore bids for 39.21 lakh shares on the last day of share-sale.

-Time Technoplast Ltd has acquisition of 100% shareholding in Gulf Powerbeat WLL [GPWs], Kingdom of Bahrain through its subsidiary [71%s] NED Energy Ltd [NEDs], Hyderabad. GPW has state-of-art production facility at South Alba Industrial Area, Manama, Bahrain for manufacture of high quality Long Life batteries.

2008

- The Comp. has splits its face value from Rs10/- to Rs1/-.