TIMEXBSETimex Group India Ltd-$HighPositive
Announced Mon, 16 Mar · 18:12 IST

We wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on March 20, 2026, inter alia, to consider for approval the payment of interim Dividend ....

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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 has informed BSE that its Board of Directors will meet on March 20, 2026, to consider approving an interim dividend on 2,29,00,000 (2.29 crore) 13.88% Cumulative Redeemable Non-Convertible Preference Shares, which are unlisted. The total dividend payout works out to about Rs. 3.08 crore for the period from April 1, 2025 to March 20, 2026. The record date for determining eligible preference shareholders has been fixed as March 20, 2026. The trading window for dealing in the company's shares has been closed from March 16 to March 22, 2026.

Likely market impact

This is a routine obligation on unlisted preference shares and does not directly benefit or affect equity shareholders. It is unlikely to have any meaningful impact on the stock price or equity dividend prospects.