TIMEXBSETimex Group India Ltd-$· Consumer DurablesHighNegative
Announced Fri, 26 Dec, 2025 · 17:49 IST

Pursuant to Regulation 30 of the SEBI (LODR) regulations, 2015 we hereby inform you that the company has received a copy of notice of Offer for Sale (OFS) from its promoter i.e, Timex Group ....

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

Price reaction

Awaiting price reaction for this filing.

AI summary

Promoter Timex Group Luxury Watches B.V. (Netherlands) is selling up to 4,509,250 equity shares (4.47% of paid-up capital) through an Offer for Sale on BSE, with a floor price of ₹275 per share. An oversubscription option allows the promoter to sell an additional equal tranche, taking the total potential sale to up to 8.93% of paid-up capital. The OFS will run on December 29, 2025 for non-retail investors and December 30, 2025 for retail investors, with Kotak Securities as the Seller's Broker. No retail discount is being offered, and retail investors can bid up to ₹2 lakh in value. Settlement will follow standard SEBI OFS guidelines through the stock exchange window.

Likely market impact

This is a promoter stake sale, which usually increases short-term share supply and can put mild pressure on the stock price around the OFS dates. Existing shareholders are not directly affected company-wise, but they should be aware of reduced promoter holding post-OFS.