This document provides an official notification from Timex Group India Limited concerning an Offer for Sale (OFS) of equity shares. The OFS is being conducted by the company's promoter, Timex Group Luxury Watches B.V., through the stock exchange mechanism.
The announcement details the process, including the dates for the offer, the allocation methodology for different investor categories (retail and non-retail), and important information for prospective bidders. It outlines the terms and conditions, the role of the seller's broker, and the procedures for participation and settlement.
Key details such as the number of shares offered, the floor price, and specific conditions for participation are provided to ensure clarity for all stakeholders involved in the transaction.
