Titan Company Limited has formally notified stock exchanges about an upcoming board meeting to review its financial performance for the fourth quarter of FY26. The meeting, scheduled under Regulation 29 of SEBI regulations, represents a significant milestone for stakeholders awaiting the company's annual financial disclosure.

Board Meeting Details

The company's board of directors will convene on Friday, May 8, 2026, to address key financial and strategic matters for the concluded financial year.

Key Agenda Items

The board meeting will focus on two primary objectives that directly impact shareholders and market participants:

• Financial Results Approval: The board will approve and take on record the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026
• Dividend Consideration: Directors will consider and recommend dividend, if any, on equity shares for the financial year ended March 31, 2026

Trading Window Restrictions

In compliance with insider trading regulations, Titan Company has implemented trading restrictions for designated persons. The trading window for designated persons and their immediate relatives closed on March 24, 2026, following the company's earlier communication dated March 23, 2026. This restriction will remain in effect until 48 hours after the board meeting concludes on May 8, 2026.

Regulatory Compliance

The board meeting intimation was communicated to both BSE Limited and National Stock Exchange of India Limited, maintaining transparency with market regulators. The disclosure will also be made available on the company's official website at www.titancompany.in , ensuring broad accessibility for stakeholders and investors.

The formal communication was signed by Dinesh Shetty, General Counsel & Company Secretary, demonstrating the company's commitment to proper corporate governance and regulatory compliance throughout the financial reporting process.

Morgan Stanley has reaffirmed its positive stance on Titan Company Limited, maintaining an Overweight rating with a target price of ₹5,102. The global investment bank's recommendation comes amid a strategic preference for discretionary and retail sector stocks during the current market environment.

Investment Rationale

The brokerage firm has expressed confidence in Titan's positioning within the discretionary retail space, particularly given the ongoing geopolitical volatility and inflationary pressures affecting global markets. Morgan Stanley views the company as relatively insulated from these external headwinds compared to other sectors.

Growth Outlook

Morgan Stanley's bullish outlook is anchored on strong growth levers that the firm expects to drive Titan's performance in FY27. The investment bank's analysis suggests that these growth drivers will support the company's expansion trajectory and financial performance in the medium term.

Market Context

The Overweight rating reflects Morgan Stanley's broader investment strategy of favoring discretionary and retail stocks during periods of market uncertainty. This approach indicates the brokerage's belief that well-positioned companies in these sectors can navigate current challenges while capitalizing on future opportunities.

The ₹5,102 target price represents Morgan Stanley's valuation assessment based on the company's fundamentals and expected growth trajectory, reinforcing their positive outlook on Titan's prospects in the evolving market landscape.