Time Technoplast Limited has officially declared its status regarding the Large Corporate (LC) criteria for the financial year 2026-2027. Following a thorough review of its financial position, the company confirms that it does not meet the necessary thresholds to be categorized as a Large Corporate. This disclosure provides transparency to stakeholders regarding the company’s borrowing framework and compliance obligations for the current fiscal cycle.
Financial Status Overview
Time Technoplast Limited has announced that it does not fall under the ‘Large Corporate’ category for the financial year 2026-2027. This determination is based on the company’s internal financial assessments and regulatory benchmarks. By clarifying its status, the company ensures that its reporting and compliance structures are appropriately aligned with its current scale of operations.
Key Financial Metrics
As part of this disclosure, the company provided an update on its financial standing as of March 31, 2026. The company reported outstanding borrowings of Rs. 99.45 Crores. Additionally, the company maintains a strong credit profile, holding a rating of AA-/Stable assigned by CRISIL Limited, reflecting its stable financial health and creditworthiness in the market.
Future Compliance
The company remains committed to maintaining high standards of corporate governance and transparent financial reporting. By confirming its ‘non-Large Corporate’ status, Time Technoplast sets a clear path for its regulatory obligations throughout the fiscal year. The company continues to prioritize operational efficiency and sustainable growth for its shareholders and partners.
Source: BSE