Desktop Site
|
18 Oct 24 | 16:00
|
Close
Equity
SME
Eq Drv
Currency
Commodity
Corporates
Get Quote
*
Notices
|
BSE SENSEX
81,224.75
+218.14
+0.27 %
Corporate Announcement
Security Code
500414
Company
TIMEX GROUP INDIA LTD.-$
Exchange Received Time
08/10/2024 17:38:10
Exchange Disseminated Time
08/10/2024 17:38:12
Time Taken
00:00:02
Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 |
10/08/24 17:38
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors has, in its meeting held today i.e. on October 8, 2024, approved the issuance of fresh unlisted 2,73,15,264, 10.75% Cumulative Redeemable Non-Convertible Preference Shares of Rs. 10/- each amounting to Rs. 27,31,52,640/- on private placement basis to M/s Timex Group Luxury Watches B.V., Netherlands, the Holding Company, against redemption of existing 1,57,00,000, 13.88% Cumulative Redeemable Non-Convertible Preference shares of Rs. 10/- each amounting to Rs. 15,70,00,000/- and unpaid accumulated dividend of Rs. 13,03,91,380/- as reduced by Rs. 1,42,38,740/- of tax deducted at source. The disclosures required to be given pursuant to SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are as enclosed. Time of Commencement of Board Meeting: 5:00 PM Time of conclusion of Board Meeting : 5:20 PM
Attachment
<< Back
Recently Viewed