TIMEXBSETimex Group India Ltd-$LowNeutral
Announced Thu, 21 Aug · 22:29 IST

Please find attached the proceedings of the 37th AGM of the Company.

Board & Shareholder Meetings View source PDF

TIMEX · price

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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 held its 37th AGM on August 21, 2025, via video conferencing, with 108 shareholders attending. Out of 52,962 shareholders on record, 60.44% of total shares (61,011,992 out of 100,950,000) were voted. All four resolutions were passed with overwhelming majority: 1. Adoption of audited financial statements for FY ended March 31, 2025: 99.999% in favor. 2. Re-appointment of Mr. Marco Zambianchi (retiring by rotation): 99.999% in favor. 3. Declaration of dividend on preference shares: 99.978% in favor (the highest dissent came from public non-institutional holders, with 24.14% of their polled votes against). 4. Appointment of M/s NKJ & Associates as Secretarial Auditors for a five-year term: 99.999% in favor. The statutory and secretarial auditors' reports had no qualifications or adverse remarks.

Likely market impact

This is a routine compliance filing confirming smooth shareholder approval of all AGM agenda items, including the preference share dividend. The near-unanimous voting and clean auditor reports signal stable governance, with no material concerns raised for shareholders.