Timex Promoter Boosts OFS Size to 90.19 Lakh Shares, Exercises Oversubscription Option

• Timex Group Luxury Watches BV exercised its oversubscription option for the Offer For Sale (OFS).
• The total OFS size has increased to 90.19 lakh equity shares from the initial 45.09 lakh shares.
• This expanded OFS represents 8.93% of Timex Group India Ltd's total issued and paid-up equity capital.
• The OFS is scheduled for December 29, 2025, for non-retail investors and December 30, 2025, for retail investors.
• Shares of Timex Group India Ltd closed down 6.33% at ₹329.50 on December 29.

Why It Matters: Timex promoter significantly increased its OFS, selling 8.93% stake, impacting share price.