Titan Company , a renowned player in the Indian watch market, is making significant strides in the luxury timepiece sector, doubling its sales for watches priced above ₹25,000 year-on-year. This strategic move towards premium and luxury segments marks a notable shift in the company's focus, as it aims to capture a larger share of the high-end watch market.

Premium Pricing Strategy

Titan has implemented a new pricing strategy to strengthen its position in the luxury watch segment:

This tiered approach allows Titan to cater to a wide range of consumers while emphasizing its presence in the higher-end market.

Notable Launches

Titan has introduced several high-end timepieces to bolster its luxury offerings:

1. Nebula Jalsa: A limited-edition flying tourbillon priced at ₹40.5 lakh, targeting the absolute luxury segment.
2. Stellar 3.0 Collection: Priced between ₹96,000 and ₹1.8 lakh, featuring India's first Wandering Hour watch.

These launches demonstrate Titan's commitment to innovation and craftsmanship in the luxury watch sector.

Market Performance

The company's watches division has shown robust growth:

• Overall growth: 12% year-on-year
• Analog segment growth: 17%
• Smart wearables: Declined by 23%

The strong performance in the analog segment, particularly in the luxury category, has offset the decline in smart wearables.

Expansion Plans

Titan is actively expanding its retail presence:

• Added 15 new stores recently
• Plans for international expansion using premium product lines

CEO Kuruvilla Markose attributes this premiumization strategy to rising incomes and increasing consumer demand for exclusive products.

Corporate Governance Update

While not directly related to the watch business, it's worth noting that Titan Company recently conducted a postal ballot for key corporate decisions:

1. Re-appointment of Mr. Sandeep Singhal as an Independent Director (approved as a Special Resolution)
2. Appointment of Mr. Puneet Chhatwal as a Director (approved as an Ordinary Resolution)

These appointments may bring fresh perspectives to Titan's board as the company continues its push into the luxury segment.

Titan's strategic pivot towards premium and luxury watches reflects the changing dynamics of the Indian consumer market. As disposable incomes rise and tastes evolve, the company is well-positioned to capitalize on the growing demand for high-end timepieces. However, the decline in smart wearables suggests that Titan may need to reassess its strategy in the tech-driven watch segment to maintain its overall market leadership.

Titan Company Limited , a prominent player in the Indian consumer goods sector, has announced the results of its recent postal ballot, revealing strong shareholder support for key board appointments. The e-voting process, which concluded on October 22, 2025, saw shareholders approving two significant resolutions.

Board Appointment Results

The postal ballot, conducted through remote e-voting, sought shareholder approval for two crucial resolutions:

1. Re-appointment of Mr. Sandeep Singhal as an Independent Director

   • Approved as a Special Resolution
   • Voting Result: 99.13% votes in favor

2. Appointment of Mr. Puneet Chhatwal as a Director

   • Approved as an Ordinary Resolution
   • Voting Result: 98.75% votes in favor

Voting Process Details

Voting Breakdown

Resolution 1: Re-appointment of Mr. Sandeep Singhal

Resolution 2: Appointment of Mr. Puneet Chhatwal

The strong approval rates for both resolutions indicate significant shareholder confidence in the company's board appointments. Mr. Sandeep Singhal's re-appointment as an Independent Director and Mr. Puneet Chhatwal's appointment as a Director have been met with overwhelming support across all shareholder categories.

Titan Company has stated that the voting results and the scrutinizer's report are available on the company's website for public viewing, ensuring transparency in the voting process.

These appointments come at a time when corporate governance and board composition are increasingly under scrutiny, making the strong shareholder support particularly noteworthy for Titan Company's corporate strategy and investor relations.