Timex Group India Limited Reports Physical Share Transfer Activities for February 2026

Timex Group India Limited has filed its monthly compliance report with BSE Limited regarding the re-lodgement of physical share transfer requests for February 2026. The report was submitted on March 24, 2026, in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Monthly Transfer Request Summary

The company's report provides a comprehensive overview of physical share transfer activities during February 2026. The data shows minimal transfer activity during the reporting period.

Parameter	Count/Details
Requests received during February 2026	0
Requests processed during February 2026	1
Requests approved	1
Requests rejected	0
Average processing time	41 days

Processing Details

The single request processed during February 2026 had been received by the company on December 31, 2025. After completing all requisite formalities, the request was approved on February 9, 2026. The processing timeline of 41 days reflects the comprehensive verification procedures mandated under SEBI regulations.

Regulatory Compliance

The report was filed pursuant to SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 02, 2025, which pertains to the opening of a special window for re-lodgement of transfer requests of physical shares. The processing also adhered to guidelines specified in SEBI Circular no. SEBI/HO/MIRSD/DOS3/CIR/P/2018/139 dated November 06, 2018.

Company Leadership

The report was digitally signed and submitted by Dhiraj Kumar Maggo, Vice President- Legal, HR, and Company Secretary of Timex Group India Limited. Maggo holds ICSI Membership No. F7609 and executed the digital signature on March 24, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.85%	-3.99%	-6.90%	-25.06%	+64.23%	+838.15%

Timex Group India Limited has received a GST demand order from Tamil Nadu tax authorities, marking a regulatory development that requires disclosure under SEBI listing regulations. The company informed stock exchanges about this matter on March 23, 2026, providing detailed information about the nature and financial impact of the order.

GST Demand Order Details

The Office of the Assistant Commissioner (ST), Vadapalani, Central-I, Chennai Central, Tamil Nadu issued a demand order (Form DRC-07) under Section 74 of the Tamil Nadu Goods and Services Act, 2017. The order pertains to the Financial Year April 1, 2019 to March 31, 2020 and was received by the company on March 22, 2026.

Parameter:	Details
Issuing Authority:	Office of the Assistant Commissioner (ST), Vadapalani, Central-I, Chennai Central
Order Type:	Form DRC-07
Applicable Period:	FY 2019-20 (April 1, 2019 to March 31, 2020)
Date of Receipt:	March 22, 2026
Financial Impact:	INR 8,845 (including interest and penalty)

Nature of Violation

The demand order was issued due to excess input tax credit availed in the GST returns for the Financial Year 2019-20. Specifically, the department identified a discrepancy relating to excess input tax credit availed under Input Service Distributor (ISD) provisions for FY 2019-20 in Chennai operations.

Financial and Operational Impact

The total financial impact on Timex Group India Limited amounts to INR 8,845, which includes the principal demand along with applicable interest and penalty components. The company has quantified this impact in monetary terms as part of its regulatory disclosure requirements.

Regulatory Compliance

Timex Group India Limited disclosed this information pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in accordance with SEBI Circular No. HO/49/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, and the company's Policy on Determination of Materiality for Disclosure of Events or Information. The communication was signed by Dhiraj Kumar Maggo, VP-Legal, HR & Company Secretary.