Time Technoplast Limited at its board meeting held on August 13, 2021 approved Mr. K. N. Venkatasubramanian, Chairman and Non-executive Independent Director of the company has tendered his resignation from the Chairman and Independent Director of Time Technoplast Limited ("the Company") with effect from 13 August, 2021. He was associated with the Company as an Independent Director since 2000. The reason of the resignation is due to his old age, health issues, personal family commitments and difficulty to travel. The Board unanimously appointed Mr. Sanjaya Kulkarni, Non-executive Independent Director as a Chairman of the Company in place of Mr. K. N. Venkatasubramanian. Mr. Sanjaya Kulkarni has been associated with the Company as an Independent Director for
more than 25 years. He has over three decades of experience in private equity, consumer finance, corporate finance, investment banking and was associated with Private Banks.