Time Technoplast shares in focus as 1:1 bonus issue kicks in

Shares of Time Technoplast Ltd will be in focus on Tuesday, September 23, as they start trading ex-bonus following the company’s 1:1 bonus issue.

The company had set September 23 as the record date, entitling investors to one additional share for every share held. Shareholders on record as of Monday’s close will receive the bonus shares, while those buying from Tuesday onward will not be eligible.

A bonus issue refers to a company distributing additional shares to existing shareholders at no extra cost, in proportion to their holdings. For instance, an investor holding 100 shares at Monday’s close will receive 100 more, doubling the total to 200. However, since the share price adjusts proportionately, the overall value of holdings remains unchanged.


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This marks Time Technoplast’s first-ever bonus issue. Until now, the company had rewarded shareholders through dividends, the latest being Rs 2.5 per share announced on September 4, 2025.

A bonus issue benefits a company by improving liquidity in the market. With a larger number of outstanding shares, the stock price usually adjusts lower, making it more affordable and attracting greater participation from retail investors.

It is also viewed as a signal of financial strength, since companies typically announce bonus issues when they have healthy reserves and profits, thereby boosting investor confidence. In addition, it enhances marketability by broadening the shareholder base and aligning paid-up share capital with reserves.

Time Technoplast Ltd is a diversified conglomerate that manufactures polymer-based products across sectors such as industrial packaging, lifestyle, automotive, healthcare, infrastructure, construction, material handling, and composite cylinders.

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Time Technoplast shares ended at Rs 477 on Monday, down 0.6% from the previous close on the NSE. Shares of the company have risen over 18% in the last six months.

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