Timex Ticks Toward Market Depth: Promoter Trims Stake by 15% via OFS

Unknown Apr 02, 2026 600 Views

Timex Group India Ltd. is making headlines as its promoter, Timex Group Luxury Watches BV, announced a significant reduction in its stake—from 74.93% to 59.93%—through a 15% Offer for Sale (OFS). The move is aimed at enhancing liquidity and aligning with regulatory norms on minimum pu...