Timken India (TIMKEN) — Corporate Action

📢 Key Event
NCLT accepted first motion for scheme of amalgamation

🔮 What's Next
process of submitting second motion application to NCLT

💡 Investor Takeaway
The subsidiary merger is progressing toward final approval.

Timken India received NCLT approval for the first motion of its scheme to amalgamate Timken GGB Technology Private Limited, a wholly owned subsidiary, with the company. The company is now preparing to file a second motion application with NCLT. The order copy is available on the company's website.

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About Timken India Limited (TIMKEN)

Capital Goods · Industrial Products · Listed on NSE

Market Cap: ₹26,561.24 Cr P/E: 61.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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