Multibagger small-cap stock jumps over 5% as Board is likely to announce bonus issue of shares!

DSIJ Intelligence-1 / 30 Jul 2025/ Categories: Bonus and Spilt Shares, Multibaggers, Trending

Multibagger small-cap stock jumps over 5% as Board is likely to announce bonus issue of shares!

The stock gave multibagger returns of 250 per cent in just 2 years whereas the BSE Sensex Index is up by 23 per cent.

On Wednesday, shares of Time Technoplast Ltd jumped 5.9 per cent to an intraday high of Rs 473.75 per share from its previous closing of Rs 447.45 per share. The stock’s 52-week high is Rs 513.35 per share while its 52-week low is Rs 301.80 per share. The shares of the company saw a spurt in volume by more than 1.30 times on the BSE.

Time Technoplast Ltd informed that the Meeting of the Board of Directors of the Company is scheduled to be held on Monday, August 11, 2025, inter alia:

  1. To consider and approve the unaudited consolidated and standalone financial results of the company for the quarter ended June 30, 2025 and the limited review report thereon.
  2. To consider and approve the proposal for the issue of bonus shares, subject to requisite approvals.
  3. To consider an increase in authorised share capital and consequent alteration of Capital Clause (Clause V) of Memorandum and Articles of Association of the Company, subject to requisite approvals.
  4. To consider and approve the re-appointment of Mr. Raghupathy Thyagarajan, Promoter & Co-founder (DIN: 00183305), Mr. Naveen Kumar Jain, Promoter & Co-founder (DIN: 00183948) & Mr. Sanjeev Sharma, President — International Operations (DIN: 08312517) as Whole Time Directors of the Company.
  5. To decide the day, date, time and venue of the 35th Annual General Meeting of the Company.
  6. To approve the Notice of the 35th Annual General Meeting and Directors’ Report.
  7. Any other item with the permission of the chair.

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About the Company

Time Technoplast Ltd, a multinational conglomerate, leads the market in manufacturing large plastic drums and composite cylinders. Their focus is industrial packaging, with a strong domestic presence and cost-plus pricing. While they also produce infrastructure, lifestyle, and automotive components, their high-growth value-added products are particularly noteworthy. Composite cylinders, a key innovation, are lighter, more durable, and safer than traditional metal options, positioning Time Technoplast for a strong future in the evolving energy landscape. The company’s total order book as of March 31, 2025, stands at Rs 805 crore.

The company has a market cap of over Rs 10,000 crore and reported positive numbers in its Quarterly Results (Q4FY25) and annual results (FY25). The stock gave multibagger returns of 250 per cent in just 2 years whereas the BSE Sensex Index is up by 23 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.