Time Technoplast Limited
HSBC Mutual Fund sold 2,00,000 shares of Time Technoplast for approximately ₹3.59 Cr, reducing its stake from 4.55% to 4.50%.
A multinational manufacturer specializing in technology-driven polymer and composite products for industrial applications. The company produces innovative plastic solutions across multiple sectors, leveraging advanced manufacturing capabilities and materials science expertise. Time Technoplast operates as a vertically integrated producer focused on delivering high-performance polymer products to global markets. Its distinctive approach combines research-driven product development with specialized manufacturing processes to serve diverse industrial customers.
Indian arm of HSBC Asset Management, the investment arm of HSBC Group with over USD 600 billion in global AUM. Manages over Rs 1 lakh crore in India across equity, debt and hybrid schemes. Previously known for integration of L&T Mutual Fund schemes after acquiring it from L&T Finance in 2022, which significantly expanded the franchise.