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Titan Company Ltd

NSE: TITAN BSE: 500114

₹4097.60

(-1.12)%

Thu, 05 Feb 2026, 11:57 pm

titan company ltd History

1984

  • Incorporated on 26 July in Chennai for analog electronic watches
  • Promoted by Questar Investments, Tata Sons, Tata Press, and TIDCO
  • Set up plant in Hosur SIPCOT industrial area
  • Entered collaboration with France Ebauches for technical assistance
  • Proposed manufacture of 2 million digital and ana-digi watches with Casio

1986

  • Signed MOU with Casio Computer Company of Japan in November

1987

  • Established Hosur manufacturing facility for watch components
  • Issued 525,000 13.5% secured redeemable partly convertible debentures

1989

  • Launched Aqura watch range
  • Commissioned Hosur case plant for 1.5 million cases
  • Set up Dehra Dun satellite case plant for 500,000 cases
  • Issued 252,000 12.5% convertible debentures (284,455 allotted)
  • Proposed 4,026,700 fully convertible debentures on rights

1991

  • Set up Titan Time Products Ltd. joint venture with EDC Goa for electronic circuit blocks
  • Undertook jewellery business at Hosur
  • Grant Walker to provide jewellery consultancy
  • Participated in Timex equity and proposed partly convertible debentures

1992

  • Introduced over 150 new models including Raga and Spectra
  • Proposed sale of Aqura brand to Timex
  • Set up wholly owned subsidiary Titan Holdings BV in Netherlands
  • Incorporated Titan Time Products Ltd. joint venture in Goa
  • Incorporated Titan Properties Ltd. for employee housing
  • Issued 13,422,300 rights equity shares at premium
  • Issued 569,000 equity shares to 1989 debenture holders
  • Offered 699,600 equity shares to employees (302,600 subscribed)

1993

  • Changed name to Titan Industries Ltd. effective 21 September

1994

  • Introduced Tanishq 18 carat gold watches studded with stones
  • Introduced Insignia watches
  • Proposed expansion to 5 million watches
  • Proposed 1.5 million table clocks and 1.2 million metal bracelets facilities
  • Established company in Singapore for South and SE Asian markets

1995

  • Proposed joint venture with Hour Glass of Singapore for watch boutiques

1996

  • Introduced Sonata economy watches and Tanishq 22 Karat ethnic jewellery
  • Issued 2,300,000 preference shares on private placement

1998

  • Fully redeemed 3.5%, 14% and 12% redeemable cumulative preference shares
  • Operated 102 Titan Showrooms, 83 Timezone outlets, and 5400 dealer outlets
  • TIDCO nominated Mr R Gopalan as Director
  • Developed and introduced slim movement with date

2000

  • Launched Cyber digital clocks
  • ICRA withdrew A1+ rating for CP programme
  • Conferred excellence in electronics award for 1998 by MIT
  • Launched Style at Work under Classique range
  • Tanishq opened second showroom in Kerala
  • Pizza Hut tie-up featured Fast-track watch
  • Tanishq MOU with Canara Bank and Corporation Bank for gold conversion
  • Unveiled Classique range for corporate executives
  • Launched Fastrack range for young women

2001

  • Launched Popeye, Digital, and Lumibrite under Dash brand for kids
  • Reported 21.8% profit rise for year to March

2002

  • Appointed V.K. Jeyakodi as Director
  • Appointed Bhaskar Bhat as Managing Director succeeding Xerxes Desai
  • Appointed M Kalaivanan and Krishnadas Nair as Directors
  • Accepted resignations of A Gowrishankar and M Kalaivanan; appointed Dr R Vijaykumar as Tidco nominee
  • Introduced Voluntary Retirement Scheme for permanent employees
  • Appointed Arun Kumar as Director & Chairman

2003

  • Tanishq entered silverware segment
  • Declared partial lock-out at Hosur manufacturing facilities
  • Explored automotive and aerospace precision mechatronics
  • Chief Operating Officer Jacob Kurian resigned
  • Sold Readers Digest business for Rs 150 million to Living Media India Ltd

2004

  • Entered sub-licensing agreement with GVM International for Tommy Hilfiger watches
  • Relaunched Raga women's watch range
  • Launched Raga Miniatures collection
  • Launched Original Spares customer service logo
  • Launched Raga 9 to 5 collection for working women
  • Launched Tommy Hilfiger watch collection
  • Launched sunglasses in fashion accessories
  • Rolled out designer eyewear in Chennai
  • Launched Flip dual-faced watch collection
  • Launched Nebula jewellery watches
  • Launched Crown Collection watches
  • Partnered with LVMH Group
  • Launched Cal Track

2005

  • Re-introduced Fastrack range of watches
  • Introduced new gold & steel collection in Coimbatore
  • Rolled out bi-metal range of watches in Vizag
  • Launched multiple watches under Raga Coordinate range

2006

  • Appointed Mr. Harish Bhat as COO - Watches and Licensing & Accessories
  • Planned Tanishq exclusive stores in US
  • Unveiled Xylys watches
  • Set up boutique in Banjara Hills
  • Issued rights shares in ratio 1:20

2007

  • Inducted Mr. Sunil Paliwal, IAS, as Additional Director
  • Appointed Mr. Kumar Jayant, IAS, as Additional Director; Mr. Sunil Paliwal resigned

2008

  • Tied up with Sankara Nethralaya

2009

  • Appointed Mrs. Anita Praveen, IAS, as Additional Director

2010

  • Titan Eye Plus launched world-class lens manufacturing unit
  • Fastrack signed Genelia D'Souza as brand ambassador for sunglasses campaign
  • Tanishq awarded World Brand Congress Global Award for Brand Leadership in Durables

2011

  • Tanishq won Effie Awards
  • Ranked 10th in The Brand Trust Report, India Study
  • Jewellery Division won 3rd in Productivity Championship Award for innovative diamond setting
  • Tanishq won 3 awards at Star Retailer and Franchise Awards
  • Jewellery division won Gold Award at ET India Manufacturing Excellence Awards
  • Jewellery division awarded Golden Peacock Innovation Award
  • Split share face value from Rs 10 to Re 1
  • Issued 1:1 bonus shares

2012

  • Won 3 awards at ET Retail Awards
  • Won 2 awards at Images Fashion Awards
  • Tanishq designed special brooches for heads of state at 4th BRICS Summit
  • Certified to OHSAS 18001:2007 Management Systems
  • Selected as Best Governed Company by Asian Centre for Corporate Governance & Sustainability
  • Won Client of the Year at Campaign India Digital Media Awards

2013

  • Changed name from Titan Industries Ltd. to Titan Company Ltd.

2014

  • Entered joint venture agreement with Montblanc Services B.V., Netherlands for single brand retail
  • Launched first Karigar centre for jewellery manufacturing in Hosur

2015

  • Commenced world-class stainless steel case production in Coimbatore
  • Entered partnership with Maison Montblanc
  • Entered partnership with HP
  • Announced joint venture with Montblanc Services B.V., Netherlands

2016

  • Announced Voluntary Retirement Scheme for employees to improve productivity
  • Introduced satellite lens manufacturing facility

2017

  • Migrated Gold Plus network to Tanishq network

2018

  • Featured in Bangalore's top 10 innovative company brands by Paul Writer
  • Won Best Customer Experience Program Award at Customer Fest 2018

2022

  • Incorporated step-down subsidiary in Qatar

2023

  • Received approval from Competition Commission of India for acquisition of stake in CaratLane Trading Private Limited

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