Timex Group India: Board Meeting Outcome for Outcome Of Board Meeting

Please be informed that the Board of Directors has in its meeting held today i.e. March 20 2026 inter alia considered and approved the following:1. Payment of Interim Dividend of Rs. 3 08 27 290/- on 2 29 00 000 13.88% Cumulative Redeemable Non-Convertible Preference Shares (unlisted shares) at the rate of 13.88% i.e. Rs. 1.388 per share of Rs. 10 each for the period from April 01 2025 to March 20 2026 out of the profits of the Company. The interim dividend shall be paid on or before 30 days from the date of declaration.2. Redemption of 2 29 00 000 13.88% Cumulative Redeemable Non-Convertible Preference Shares (unlisted shares) of Rs. 10/- each which were due for redemption on March 20 2026.Time of Commencement of Board Meeting: 4:00 P.M.Time of conclusion of Board Meeting : 4:30 P.M.