Time Technoplast Limited has approved allotment of 405,000 Non-Convertible Debentures (NCDs) face value of INR 1,000 each, aggregating to INR 405,000,000 against the conversion of existing loan, on private placement basis. Tenure of the instrument: June 14, 2019 to April 15, 2023. Coupon/interest offered: 10.50% p.a. at its board meeting held on June 14, 2019.