TIMETECHNOTime Technoplast Ltd.
Time Technoplast re-appoints Bharat Kumar Vageria as Managing Director for five years
- Management change
- Plastic And Plastic Products
Reviewed byRachit TripathiBlacklitt Research
Time Technoplast (NSE: TIMETECHNO) said in a filing on 05 Nov 2026 that its Board has approved the re-appointment of Bharat Kumar Vageria, Promoter and Co-Founder, as Managing Director for five years with effect from 06 Feb 2027, subject to approval of members.
The re-appointment in detail
The Board approved the re-appointment at its meeting on 05 Nov 2026. The term runs from 06 Feb 2027 to 05 Feb 2032, according to the disclosure annexed to the filing. The stated reason for the change is the re-appointment of Mr. Bharat Kumar Vageria as Managing Director.
Vageria is a Chartered Accountant and a Co-Founder and Promoter of the company. The company's brief profile says he has nearly 40 years of experience in the polymer product industry. The filing states that he is not debarred from holding office of Director by any SEBI order or other such authority, and that there are no relationships between directors in relation to this appointment.
The Board also approved a Notice of Postal Ballot seeking members' approval for the re-appointment, and appointed Arun Dash, a Practicing Company Secretary, as scrutinizer for the postal ballot and e-voting process.
How it fits the company
Time Technoplast is a polymer and composite products maker with a market value of ₹8,593 crore at the 05 Nov 2026 close. The same meeting approved its unaudited results for the quarter and half year ended 30 Sep 2026, and the latest quarter reported total income of ₹1,693.80 crore, up 25.1% year on year.
What the re-appointment means for Time Technoplast's shareholders
The re-appointment keeps Vageria as Managing Director for five years from 06 Feb 2027, subject to members' approval, which the filing does not yet show has been given. The filing does not state his remuneration or other terms, any change in his role, or the date of the postal ballot result.
The next dated step is the postal ballot for members' approval, with the term starting on 06 Feb 2027 if approved.
At a glance
| Item | Detail |
|---|---|
| Managing Director | Bharat Kumar Vageria (DIN: 00183629) |
| Board approval | 05 Nov 2026 |
| Term | 06 Feb 2027 to 05 Feb 2032 |
| Approval required | Members, by postal ballot |
| Scrutinizer | Arun Dash, Practicing Company Secretary |
Filed with BSE on . Reference: Original filing (PDF)
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