Grandeur Peak International Opportunities Fund has bought 75,00,000 shares of Time Technoplast at a price of Rs 44 per share on the NSE on June 2,2014. Meanwhile, Core International FZC sold 73, 00,000 shares at price of Rs 44.02.
Time Technoplast is the leading plastic product company based in India and is engaged in manufacture of technology based innovative products in the space of industrial packaging, infrastructure, lifestyle , automobile, healthcare , material handling and composites. It has expanded its operations outside of India in UAE, Bahrain, Thailand, China, Taiwan and Indonesia. The company is also expanding its operations in South Korea, Vietnam, Turkey and Egypt.
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