CFO certificate confirms commercial paper proceeds used as stated, listing conditions adhered to

Time Technoplast has shared a certificate signed by its Managing Director & CFO for the quarter ended 30 September 2026.

Mon 5 Oct 2026

What the update says

• The company has shared a certificate for the quarter ended 30 September 2026, signed by its Managing Director & CFO.
• The certificate states that the proceeds of commercial papers (CPs) issued by the company were utilised for the purposes stated in the respective disclosure documents.
• It further states that the company adhered to the listing conditions applicable to commercial papers.

What a commercial paper is

A commercial paper is a short-term borrowing instrument that companies issue to raise money, typically for working capital or other stated needs. Because it is money raised from investors, the company is expected to use it for the purpose it declared at the time of issue, and to keep the exchanges informed.

Why this certificate is shared

Listed companies that issue commercial papers are required to confirm, every quarter, that the money raised was used for the declared purpose and that the applicable listing conditions were followed. A senior official signs this confirmation.

How a reader can look at it

• It is a routine, periodic confirmation rather than a fresh business event.
• The certificate covers the quarter ended 30 September 2026.
• The statement about usage of proceeds and adherence to listing conditions is made by the company itself, through its Managing Director & CFO.

The update does not carry any monetary amount, rate, repayment schedule or other figure that could be reviewed separately; it is a certification of usage and compliance.

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