Time Technoplast Limited - Reply to Clarification Sought

29 Aug 2022 , 12:00 AM

The Exchange had sought clarification from Time Technoplast Limited with respect to announcement dated 09-04-2022 regarding Outcome of Board Meeting.On the basis of aforesaid disclosure, the Listed entity was required to clarify the following:Other Restructuring1. Details and reasons for restructuring;2. Quantitative and/ or qualitative effect of restructuring;3. Brief details of change in shareholding pattern (if any)of all entities;4. Details of benefit, if any, to the promoter/promoter group/group companies from such proposed restructuring;Change in directors, key managerial personnel (Managing Director, Chief Executive Officer, Chief Financial Officer, Company Secretary etc.), Auditor and Compliance Officer:1. Disclosure of relationships between directors (in case of appointment of a director)2. Brief profile (in case of appointment)3. Date of appointment/cessation (as applicable) and term of appointment4. Affirmation that the Director being appointed is not debarred from holding the office of director by virtue of any SEBI order or any other such authorityThe response of the company is attached.