Please find attached the Business Responsibility and Sustainability Report (BRSR) for the FY 2024-25 which forms part of the Annual Report for FY 2024-25.
TIMEX · price
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Timex Group India has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 as part of its Annual Report, in line with SEBI's listing regulations. The company manufactures and trades watches (100% of turnover from watches, with manufacturing contributing 63.25% and wholesale trading 35.33%). For FY 2024-25, the company reported turnover of Rs. 53,810 lakhs and net worth of Rs. 8,400 lakhs, with operations spanning one plant and seven offices across India and exports to seven countries (about 2.85% of turnover). The total workforce stood at 593 employees and 178 workers, with women making up 11% of employees and 33% of the board. The report highlights that 100% of permanent employees are covered under health and accident insurance, over 85% of inputs are sourced sustainably, and no material penalties, fines, or complaints on bribery, sexual harassment, or human rights were reported during the year.
This is a routine regulatory disclosure with no material negative events — no fines, no significant complaints, and no governance red flags. It is unlikely to move the stock price but reassures shareholders on ESG compliance and operational transparency.