Timex Group India Ltd to issue CRNCPS

The Board of Directors of Timex Group India Ltd at its meeting held on May 26, 2016, considered and approved the issue of Cumulative Redeemable Non Convertible Preference Shares on Private placement basis for an amount upto Rs. 35 Crore.

Shares of TIMEX GROUP INDIA LTD. was last trading in BSE at Rs.35.7 as compared to the previous close of Rs. 34.25. The total number of shares traded during the day was 59218 in over 249 trades.

The stock hit an intraday high of Rs. 36.5 and intraday low of 33.15. The net turnover during the day was Rs. 2094948.

Source : Equity Bulls

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