TIME TECHNOPLAST Share price

Our Company was incorporated on December 20 1989 in the name and style as Time Packaging Private Limited and in the year 1992 the name of our Company was changed to Time Packaging Limited. In view of diversified polymerproducts range and technological adoptions the name of our Company 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 and Vishwalaxmi Trading and Finance Pvt. Ltd.We are engaged in manufacture and sale of technology based polymer products catering to growth sectors of Indian economy i.e. Industrial and Consumer Packaging Solutions Life Style Products Auto Components Health Care Productsand Construction and Infrastructure related products.Our Company started in the year 1991 and over a period of 15 years our Company has established production facilities at six different locations across the country.Having established business in the country our Company is now in the process of venturing into overseas markets and to this end our Company is now in the process of setting up manufacturing facilities in the Middle East Europe and also entering into joint venture with Mauser Group to acquire or set up related business in other Asian countries. Major EventsYear Key Events1992 Started as a Small Scale Industry with production facility at Tarapur (Maharashtra)1993 Technological collaboration with the Mauser Group1994 Built new production facility at Daman (U.T.) - started manufacture of large size polymer drums1995 Established presence in South India through production facility at Hosur (Tamil Nadu)1995 Awarded MIPI symbol of quality as international recognition of product quality and systems1996 Established presence in North India through plant at Baddi (Himachal Pradesh)1998 Launched Lifestyle Products - Synthetic Turf & Matting under the brand 'Meadowz' and 'DuroTurf'1999 Launched Lifestyle Product Garden Furniture under the brand 'Regal'1999 Built additional production facility at Daman for packaging product expansion2000 Added new facility at Sahibabad for Garden Furniture & other injection moulded articles2001 Set up additional plant for PET sheets at Daman2001 Started production of plastic pails 'Conipails'2002 Further increased capacity for large size plastic drums at Daman2003 Further expanded capacity for large size plastic drums at Sahibabad for North India2004 Established joint venture company with Mauser for manufacture of Intermediate Bulk Containers (IBCs)2005 Developed & launched Anti Spray Systems (3S)2005 Set up a 100% subsidiary in UAE Sharjah2006 Set up production facility and launched Lifestyle products 'DuroSoft'2006 Started additional manufacturing facility for production of large size plastic drums at Mahad2006 Developed & launched 'Genex' medical devices (Auto Disable Syringes Blood Sampler & Face Masks)2006 Set up a 100% Subsidiary at Poland2006 Amalgamation of OMPL and 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 Group) at Singapore2006 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 & blood sampler factory manufacturing facility at Baddi