We wish to inform you that the Board of Directors of Time Technoplast Limited at its meeting held today i.e. on October 25, 2024, inter-alia, considered and approved the following businesses: 1. Raising of funds through Qualified Institutions Placement ('QIP') for an amount not exceeding ?1,000 Crores in terms of the SEBI ICDR Regulations, 2018 and/or any other permissible mode(s), subject to necessary approvals including the approval of the members of the Company and such other regulatory/statutory approvals as may be required. 2. Considered and approved Notice of Postal Ballot to seek member's approval for fund raising.