Timex Group India Limited has announced a key senior management change with the resignation of Mr. Sanjeev Kumar Swain from his position as Vice President - Sales, Offline Channels. The resignation became effective on April 30, 2026, marking the end of his tenure with the company.

Resignation Details

The company disclosed that Mr. Sanjeev Kumar Swain submitted his resignation due to personal reasons, with April 30, 2026 serving as his last working day. The resignation was processed with immediate effect from the date of submission.

Regulatory Compliance

Timex Group India Limited informed the BSE about this senior management change in accordance with regulatory requirements. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company also referenced SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its disclosure. The announcement was made in compliance with the company's Policy on Determination of Materiality for Disclosure of Events or Information.

Formal Documentation

The resignation was formally documented through proper channels, with Mr. Sanjeev Kumar Swain submitting his resignation letter to Managing Director Deepak Chhabra. In his resignation letter, he expressed gratitude for the opportunities provided and acknowledged the support received during his tenure with the organization.

The disclosure was signed by Dhiraj Kumar Maggo, Vice President - Legal, HR and Company Secretary, who holds ICSI Membership No. F7609. The formal communication included all required details under SEBI regulations for changes in senior management personnel.

Timex Group India Limited has fulfilled its regulatory compliance obligations by submitting the mandatory certification under SEBI regulations for the quarter ended March 31, 2026. The company filed the required documentation with BSE Limited on April 7, 2026, ensuring adherence to securities market regulations.

Regulatory Filing Details

The certification was submitted pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Dhiraj Kumar Maggo, Vice President – Legal, HR and Company Secretary, digitally signed and submitted the compliance document to BSE Limited.

RTA Confirmation Certificate

Alankit Assignments Limited, serving as the Registrar and Share Transfer Agent for Timex Group India Limited, provided the confirmation certificate required under the regulations. The RTA confirmed compliance with all procedural requirements for securities dematerialization during the quarter.

Kamal Garg, General Manager at Alankit Assignments Limited, digitally signed the confirmation certificate on April 7, 2026. The certificate validates that all securities received from Depository Participants for dematerialization were properly processed and confirmed to the depositories.

Compliance Confirmations

The RTA certificate includes several key confirmations regarding the handling of dematerialized securities:

• Securities received for dematerialization during Q4FY26 were confirmed to depositories
• All security certificates have been listed on stock exchanges where earlier issued securities are listed
• Physical security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members within stipulated time limits

Corporate Governance

This filing demonstrates Timex Group India Limited's commitment to maintaining regulatory compliance and transparent corporate governance practices. The quarterly certification ensures proper oversight of securities handling and dematerialization processes, protecting investor interests and maintaining market integrity.