Annual report for Timex Group India Ltd. for FY-2022
27-05-2022
TIMEX GROUP INDIA LTD.-$ - 500414 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that based on the recommendations of the Audit Committee and subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company, the Board of Directors has, in its meeting held today i.e. on May 26, 2022, approved and recommended the re-appointment of M/s Deloitte Haskins & Sells LLP, Chartered Accountants (Firm Registration No. 117366W/ W - 100018) as Statutory Auditors of the Company for a second term of five consecutive years i.e. from the conclusion of 34th Annual General Meeting till the conclusion of 39th Annual General Meeting of the Company to be held in the year 2027. The disclosures required to be given pursuant to SEBI circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed as Annexure A. You are requested to kindly take the same on record and acknowledge.26-05-2022
TIMEX GROUP INDIA LTD.-$ - 500414 - Announcement under Regulation 30 (LODR)-Preferential Issue
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors has, in its meeting held today i.e. on May 26, 2022, approved the issuance of upto 25,00,000, 0.09% Non-Cumulative Redeemable Non-Convertible Preference shares of Rs.10/-each at par aggregating to Rs. 2,50,00,000/- on private placement basis, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company. The proceeds of the issue will be utilized towards redemption of existing 25,00,000, 0.1% Non-Cumulative Redeemable Non-Convertible Preference shares which are due for redemption on March 24, 2023. The disclosures required to be given pursuant to SEBI circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed as Annexure-A. You are requested to kindly take the same on record and acknowledge.26-05-2022
TIMEX GROUP INDIA LTD.-$ - 500414 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed an Investor Presentation covering the performance highlights of the Company for Q4 of FY 2022. We have also uploaded the presentation on the Website of the Company at www.timexindia.com You are requested to take the above on your records.26-05-2022
TIMEX GROUP INDIA LTD.-$ - 500414 - Board Meeting Outcome for Outcome Of Board Meeting
Please be informed that the Board of Directors has, in its meeting held today i.e., May 26, 2022 inter-alia, considered and approved the following: 1.Audited Financial Results of the Co for the year ended on Mar 31, 2022 and the Financial Results for the quarter ended on Mar 31, 2022. In compliance with Reg 33 of SEBI (LODR) Reg, 2015, plS find attached the said results along with the Auditors' Report thereon with unmodified opinion, the declaration for the same is attached herewith for your reference. 2.Issuance of NonCumulative Redeemable NonConvertible Pref shares of Rs.10/-each at par on private placement basis aggregating upto Rs. 2.5 crore, subject to the approval of the shareholders of the Co. 3.Reappointment of M/s Deloitte Haskins & Sells LLP, C A(Firm Reg No. 117366W/W 100018), as statutory auditors of the Co for 2ND term of 5 years till the conclusion of 39th AGM to be held in the year 2027, subject to the approval of the shareholders of the Co.26-05-2022
TIMEX GROUP INDIA LTD.-$ - 500414 - Results - Financial Results For Mar 31, 2022 (31-03-2022)
Please be informed that the Board of Directors has, in its meeting held today i.e., May 26, 2022 inter-alia, considered and approved the following: 1.Audited Financial Results of the Co for the year ended on Mar 31, 2022 and the Financial Results for the quarter ended on Mar 31, 2022. In compliance with Regulation 33 of SEBI (LODR) Reg, 2015, please find attached herewith the said results alongwith the Auditors' Report thereon with unmodified opinion, the declaration for the same is attached herewith for your reference. 2.Issuance of NonCumulative Redeemable NonConvertible Pref shares of Rs.10/-each at par on private placement basis aggregating upto Rs. 2.5 crore, subject to the approval of the shareholders of the Co. 3.Reappointment of M/s Deloitte Haskins & Sells LLP, CA (Firm Reg No.117366W/W-100018), as statutory auditors of the Co for second term of 5 years till the conclusion of 39th AGM to be held in the year 2027, subject to the approval of the shareholders of the Co.26-05-2022
TIMEX GROUP INDIA LTD.-$ - 500414 - Update on board meeting
TIMEX GROUP INDIA LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2022 ,inter alia, to consider and approve Update on board meeting- Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company will, at its meeting scheduled to be held on Thursday, May 26, 2022, consider, inter-alia, issuance of Non-Cumulative Redeemable Non-Convertible Preference Shares on private placement basis for an amount upto Rs. 2.5 Crore for the purpose of redemption of existing Non-Cumulative Redeemable Non-Convertible Preference shares of the same amount. Please take the same on record and acknowledge.20-05-2022
TIMEX GROUP INDIA LTD.-$ - 500414 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Further to our letter dated.2-5-22, for conducting Postal Ballot by the Company for seeking the shareholder's approval for Appointment of Mr. Deepak Chhabra ( DIN 01879706) as a Director & MDctor of the Company, we wish to inform you that the Co. has completed the electronic transmission of the PB Notice on 3-5-22 to the sh-holders whose names appear in the Co''s ROM/ List of Beneficial Owners as on the Cut-off date i.e.29-4-22. The Calendar of Events for the PB process is attached herewith as Annexure I for your reference. In this regard, the Co. has published the Advertisement in Newspapers- Business Standard (Delhi Edition) in English and Hindi and Business Standard (Mumbai Edition) in English, regarding completion of dispatch of PB Notice. Pls find attached Newspapers cuttings as Annexure II. The other detail regarding evoting are in the attached letter for your reference. You are requested to take the above information on your records and disseminate the same on your website.04-05-2022
TIMEX GROUP INDIA LTD.-$ - 500414 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Postal Ballot Notice, which is being sent to the shareholders of the Company through email, whose names appear in the Register of Members/ List of Beneficial Owners received from the depositories as on April 29, 2022, for seeking their approval for Appointment of Mr. Deepak Chhabra (DIN 01879706) as a Director & Managing Director of the Company. The dispatch is expected to complete by May 3, 2022. The above documents are also available on the Website of the Company at www.timexindia.com. This is for your information and records.02-05-2022
TIMEX GROUP INDIA LTD.-$ - 500414 - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Company TIMEX GROUP INDIA LTD.- 2 CIN NO. L33301DL1988PLC033434 3 Report filed for FY 2021-2022 Details of the Current block (all figures in Rs crore): 4 2 - year block period (Specify financial years)* FY 2020-21, 21-22 5 Incremental borrowing done in FY (T)(a) 0.00 6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00 7 Actual borrowing done through debt securities in FY (T)(c) 0.00 8 Shortfall in the borrowing through debt securities, if any, for FY (T - 1) carried forward to FY (T) (d) 0 8Quantum of (d), which has been met from (c)(e)* 0 9 Shortfall, if any, in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative, write 'nil'}* 0 Details of penalty to be paid, if any, in respect to previous block (all figures in Rs crore): 2 - year Block period (Specify financial years)FY 2020-21, 21-22 Amount of fine to be paid for the block, if applicable Fine = 0.2% of {(d) - (e)}#0.00 Name of the Company Secretary :-DHIRAJ KUMAR MAGGODesignation :-VICE PRESIDENT LEGAL HR AND COMPANY SECRETARY Name of the Chief Financial Officer :- AMIT JAIN Designation : -CFO Date: 29/04/202229-04-2022