Pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015 , we wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, ....
TIMEX · price
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Awaiting price reaction for this filing.
Timex Group India has appointed Mr. Varun Malik as General Manager - Marketing, effective June 12, 2025, as a Senior Management Personnel. He brings over 16 years of marketing experience spanning brand strategy, digital marketing, GTM planning, and trade marketing. He was most recently Marketing Head at Shalimar Paints Ltd (since June 2022) and has previously worked with Reebok India, Samsung Electronics, Times of India, DLF India, and HyFun Foods. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors. He holds an MBA in Marketing & Retail Management from Bharati Vidyapeeth University, Pune.
This is a routine senior management hire at the GM level and is unlikely to materially move the stock price. However, it signals the company's intent to strengthen its marketing and brand-building capabilities, which could support revenue growth in the medium term.