TIMEXBSETimex Group India Ltd-$HighPositive
Announced Tue, 8 Jul · 17:15 IST

In continuation of our letter dated May 6, 2025 wherein the company has informed that the Board of Directors, at its meeting held on May 6,2025 recommended the payment of dividend on Preference ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Timex Group India has informed BSE that its Board of Directors, at the meeting held on May 6, 2025, recommended the payment of dividend on Preference Shares. This is a continuation of an earlier letter from the same date. The exact dividend amount or rate is not specified in the truncated filing. The announcement relates only to preference shareholders, not ordinary equity shareholders.

Likely market impact

This is a routine corporate announcement regarding preference share dividend and is unlikely to materially impact the equity stock price. Preference shareholders may benefit from the recommended dividend, subject to shareholder approval.