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Time Technoplast to merge with TPL Plastech

PRIVATEAug 21, 2026about 5 hours ago

Acquiring Company

Time Technoplast Limited

Acquired Company

TPL Plastech Limited

IndiaIndiaManufacturingEnergyRenewable EnergyManufacturing

Description

Time Technoplast Limited's board is set to review a merger proposal for its subsidiary, TPL Plastech Limited, on August 26, 2026. With a controlling interest of 74.86%, the merger aims to streamline operations between the holding company and the subsidiary. The merger will integrate TPL Plastech's industrial packaging business into Time Technoplast's diversified offerings. The transaction will proceed upon obtaining necessary regulatory approvals.

Company Information

Company

Time Technoplast Limited

Location

India

About

Time Technoplast Limited operates as a holding company that manufactures packaging products, including plastic drums and Intermediate Bulk Containers. It also produces composite products like LPG and CNG cylinders. The company has manufacturing facilities across 11 countries globally.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired TPL Plastech Limited?

TPL Plastech Limited was acquired by Time Technoplast Limited, based in India. The deal was reported on August 21, 2026. Time Technoplast Limited operates as a holding company that manufactures packaging products, including plastic drums and Intermediate Bulk Containers. It also produces composite products like LPG and CNG cylinders. Time Technoplast Limited is privately held and operates in Manufacturing.

When did Time Technoplast Limited acquire TPL Plastech Limited?

Time Technoplast Limited's acquisition of TPL Plastech Limited was reported on August 21, 2026. Time Technoplast Limited's board is set to review a merger proposal for its subsidiary, TPL Plastech Limited, on August 26, 2026. With a controlling interest of 74.86%, the merger aims to streamline operations between the holding company and the subsidiary. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TPL Plastech Limited do?

TPL Plastech Limited specializes in industrial packaging products, focusing on items like plastic jerry cans and drums. As a subsidiary of Time Technoplast, it contributes to the group's capabilities in the packaging sector. It is privately held, operating in Manufacturing, and is based in India.

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