Timex Group India Limited announced on August 19, 2025 that the Central Tax Superintendent’s office, Bangalore GST Commissionerate, has shut down the matter after the company confirmed the submissions and documents given by the company. This decision means that no further action is needed in this case after the date of March 26, 2025.
The announcement has been made under the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Initial notice was sent according to SEBI regulations and circular in a letter of March 27, 2025, which includes SEBI/HO/CFD/Pod2/P/P/0155 on the date of November 11, 2024. This decision is in line with the policy to determine the events announced by the company and the relevance of information.
The authority involved in the case is the office of the Central Tax Superintendent, Range ‘D’ NWD-2, Bangalore North West GST Commissionerate, which is located in South Wing, Second Manzil, BMTC Complex, Shivajinagar Bus Stand, Bengaluru-560051.
The date of obtaining instructions or orders is August 19, 2025.
The company has confirmed that there is no violation or violation of violation or being accused, and there is no quantitative effect on the company’s financial or operating activities.
This is for your information and record.