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Corporate
Time Technoplast JV bags Rs 20 cr order

MUMBAI: Polymer product manufacturer Time Technoplast said on Wednesday the company, along with its joint venture partner Schoeller Arca Systems, Netherland, has bagged a project worth Rs 20 crore for supplying special packaging products.

However, the company didn't disclose the identity of firm from which it got the order. These products would be used in packaging of critical electronic and telecom components.

The order is to be executed over a period of one year, Time Technoplast said in a filing to BSE. Shares of Time Technoplast surged 4.44 per cent and were trading at Rs 48.20 on the BSE. - PTI

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