Time Technoplast floats QIP for Rs 800 crore

Time Technoplast, a polymer product maker, is raising funds through a qualified institutional placement. The company plans to raise approximately ₹800 crore. This move will dilute nearly 8.8% of its equity. The issue opens on November 6 at a floor price of ₹211.7 per share. The indicative issue price is ₹201.12 per share.

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