Timex Group Luxury Watches B V is the promoter of the Company (the "Promoter" or "seller"). The Promoter proposes to sell up to 7,571,250 Equity Shares of face value of Rs. 1 each, representing 7.50% of the total issued and paid-up Equity Share capital of Timex Group India Ltd (the "Company") ("Base Offer Size"), on June 25, 2025 ("T Day") (for non-Retail Investors only) and on June 26, 2025 ("T + 1 Day") (for Retail Investors and for non-Retail Investors who choose to carry forward their unallotted bids from T Day), with an option to additionally sell up to 7,571,250 Equity Shares (representing 7.50% of the total issued and paid-up Equity Share capital of the Company) (the "Oversubscription Option" and in the event that the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size and the
Oversubscription Option will collectively hereinafter be referred to as "Offer Shares" while in the event that such Oversubscription Option is not exercised the Equity Shares forming part of the Base Offer Size will be hereinafter referred to as "Offer Shares"), through a separate, designated window of the BSE, collectively representing 15.00% of the total issued and paid-up Equity Share capital of the Company as on June 20,2025 (held in dematerialized form in one or more demat accounts with the relevant depository participant), in accordance with the OFS Guidelines (such offer for sale hereinafter
referred to as the "Offer").
- Dates and time of the opening and closing of the Offer :
The Offer shall take place over two trading days on a separate window of the Stock Exchange on June 25,2025 ("T Day") and
June 26, 2025 ("T+ 1 Day"), from 9:15 a.m. and shall close at 3:30 p.m. (lndian Standard Time) on both days, as per details given below:
For non-Retail Investors (defined below): June 25, 2025 (T Day")
Only non-Retail Investors shall be allowed to place theil bids on T Day, i.e., June 25, 2025. While placing their bids, non-Retail Investors may indicate their willingness to carry forward their unallotted bids to T+1 Day for allocation to them in the
unsubscribed portion of Retail Category (defined below).
The Offer shall take place during trading hours on a separate window of the Stock Exchange on T Day, i.e., June 25, 2025
commencing at 9:15 a.m. and shall close on the same date at 3:30 p.m. lndian Standard Time on the same day.
Those non-Retail Investors who have placed their bids on T Day and have chosen to cany forward their unallotted bids to T+ 1 Day, shall be allowed to carry forward for allocation to thern in the unsubscribed portion of Retail Category (defined below) and also revise their bids on T+1 Day as per the OFS Guidelines.
For Retail Investors (defined below) and for non-Retail Investors who choose to carry forward their unallotted bids to
June 26, 2025 ("T+1 Day")
The Offer shall continue to take place during trading hours on a separate window of the Stock Exchange on T+ 1 Day, i.e., June 26, 2025 commerrcing at 9:15 a.m. and shall close on the same date at 3:30 p.rn. Indian Standard Time on the same date.
Only Retail Investors shall be allowed to place their bids on T+1 Day, i.e., June 26, 2025.
(T Day and T+1 Day, collectively refened tg as "Trade Dates")
- Floor Price : The floor price for the Offer shall be Rs. 175 (Rupees one hundred seventy five only) per Equity Share of the Cornpany.