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Corporate Announcement
  • Security Code532856
    CompanyTIME TECHNOPLAST LTD.
    Exchange Received Time08/11/2024 19:36:45
    Exchange Disseminated Time08/11/2024 19:36:45
    Time Taken00:00:00
     
     
     Merger Of Subsidiary Company (NED Energy Limited - Transferor Company) Into Wholly Owned Step Down Subsidiary Company (Power Build Batteries Private Limited - Transferee Company) | 11/08/24 19:36 
     We wish to inform you that NED Energy Limited is the Subsidiary of Time Technoplast Limited and the Board of Directors of NED Energy Limited ("NED") ("the Transferor Company" - Holding Company of PBBPL) and Power Build Batteries Private Limited ("PBBPL") ("the Transferee Company" - the Wholly Owned Subsidiary of NED Energy Limited) at their meeting held on November 08, 2024, have considered and approved the Scheme of Amalgamation under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ("Act") and the rules made thereunder. 
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