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Stock Market Live News Update: TPL Plastech Approves In-Principle Merger With Time Technoplast; Appoints New CFO

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Last updated: Aug 27, 2026, 00:59 IST
By Ankur Sharma
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Stock Market Live News Update: TPL Plastech Approves In-Principle Merger With Time Technoplast; Appoints New CFO
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August 2026: TPL Plastech Limited’s Board has approved the in-principle merger with its holding company, Time Technoplast Limited. The merger aims to consolidate the group structure, rationalise manufacturing units and product lines, improve operational efficiency, pool resources and create synergies. The company has also appointed Mr. Sunil Vyas as CFO effective October 1, 2026, replacing Mr. Pawan Agarwal, who will step down on September 30, 2026.

Dhansa Labs Begins 15 TPD Compressed Biogas Project in Rajasthan

August 2026: Dhansa Labs Limited has completed the Groundbreaking Ceremony and Bhoomi Pujan for its 15 TPD Compressed Biogas (CBG) project through its wholly owned subsidiary, Dhansa Green Energy Private Limited. The project is located at Village Roteda, Rajasthan, and is aligned with the company’s clean-energy and sustainable development initiatives.

Chandrima Mercantiles Appoints M A A K & Associates as Statutory Auditors

August 2026: Chandrima Mercantiles Limited’s Board has approved the appointment of M/s. M A A K & Associates as Statutory Auditors for five years, covering FY2026-27 to FY2030-31, subject to shareholder approval. The company’s 44th AGM is scheduled for September 17, 2026, through VC/OAVM.

Optimus Finance Announces Board and Auditor Changes

August 2026: Optimus Finance Limited has appointed Mr. Ramesh Kheradia as Additional Non-Executive Independent Director, subject to shareholder approval. Ms. Divya Zalani has been proposed for re-appointment for a second five-year term from December 31, 2026. The company has also appointed M/s. Ambalal M. Shah & Co. as Statutory Auditors and reconstituted its Audit and Nomination & Remuneration Committees.

Silkflex Polymers Approves ₹57.36 Crore Preferential Issue

August 2026: Silkflex Polymers (India) Limited has approved increasing its authorised share capital from ₹13.50 crore to ₹18 crore. The company plans to issue 12 lakh warrants to promoters at ₹205 each, aggregating ₹24.60 crore, and up to 15.98 lakh equity shares to non-promoters at ₹205 per share, aggregating ₹32.76 crore. An EGM is scheduled for September 22, 2026, for shareholder approval.

Devyani International Updates Merger Scheme With Sapphire Foods

August 2026: Devyani International Limited has updated its Scheme of Arrangement for amalgamation with Sapphire Foods India Limited following the mutual termination of a secondary sale agreement between SFML and Arctic. SFML will receive Devyani International shares under the Scheme, while the share exchange ratio remains unchanged. Post-merger promoter shareholding is revised to 41.99% from 61.37%, with the merger process continuing.

 

This recap is purely informational and data-driven. It does not constitute investment advice under SEBI regulations. Consult a SEBI-registered Research Analyst before making any financial decisions.

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