Timken India Completes Acquisition of Timken GGB Technology Private Limited Shares

1 min read     Updated on 03 Nov 2025, 07:56 PM
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Reviewed by
Shriram SScanX News Team
Overview

Timken India Limited has finalized the acquisition of equity shares in Timken GGB Technology Private Limited from Timken Europe B.V. and The Timken Company on December 1, 2025. This strategic move, completed ahead of schedule, aims to enhance Timken India's product portfolio and operational efficiency within the group. Timken GGB Technology specializes in self-lubricating bearings and sealing products, with revenues of 464,404,000 INR in FY2025.

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*this image is generated using AI for illustrative purposes only.

Timken India Limited , a leading manufacturer of bearings and allied products, has completed the purchase of equity shares in Timken GGB Technology Private Limited. This strategic acquisition, finalized on December 1, 2025, enhances Timken India's product portfolio and operational efficiency within the group.

Key Details of the Acquisition

Timken India Limited has acquired equity shares of Timken GGB Technology Private Limited from Timken Europe B.V. and The Timken Company. This transaction represents a strategic move within the Timken group structure, affecting the ownership of the technology subsidiary.

Completion of the Acquisition

The acquisition, which was announced on November 21, 2025, has been completed ahead of the originally planned schedule. Timken India had previously indicated its intention to finalize the acquisition on or before January 2026.

About Timken GGB Technology

Timken GGB Technology Private Limited, incorporated on March 6, 2007, specializes in the sale of bearings and sealing products. The company sells self-lubricating bearings under the tradename GGB and sealing products under the Garlock brand.

Key financial highlights of Timken GGB Technology include:

Financial Year Revenue from Operations (in thousands INR)
FY2025 464,404.00
FY2024 462,637.00
FY2023 404,696.00

Strategic Rationale

The acquisition aligns with Timken India's growth strategy. According to the company's statement, "Acquisition of GGB India will enhance product portfolio of the Company. This will help in achieving entity rationalization and operational efficiency within the group."

Market Impact

This move is expected to strengthen Timken India's position in the bearings and sealing products market. By expanding its product range and leveraging synergies within the Timken group, the company aims to improve its competitive edge in the industry.

With the acquisition now completed, market observers will be watching for further details on the transaction and its potential impact on Timken India's future growth trajectory.

Investors and stakeholders are advised to monitor any additional announcements from the company regarding the integration process and potential synergies resulting from this strategic acquisition.

Historical Stock Returns for Timken

1 Day5 Days1 Month6 Months1 Year5 Years
+1.89%-0.56%+2.70%-4.27%-8.22%+178.02%

Timken India Reports Quarterly Results, Reappoints Independent Director and Names New Senior Management

1 min read     Updated on 03 Nov 2025, 07:34 PM
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Reviewed by
Radhika SScanX News Team
Overview

Timken India's Q3 2025 results show revenue increase to Rs 2,817.30 million, up 29.38% year-over-year. Net profit per share slightly decreased to Rs 1,189.00. The company reappointed Soumitra Hazra as Independent Director for three years from May 31, 2026, subject to member approval. New appointments include Gurdeep Grewal as General Manager-Mobile-Sales and Vijay Pratap Singh as General Manager Process-Sales, effective November 3, 2025.

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*this image is generated using AI for illustrative purposes only.

Timken India , a leading manufacturer of engineered bearings and power transmission products, has released its financial results for the quarter ended September 30, 2025, along with key management changes.

Financial Performance

Timken India reported revenue from operations of Rs 2,817.30 million for the quarter, compared to Rs 2,177.50 million in the corresponding quarter of the previous year. This represents a year-over-year increase of approximately 29.38%.

However, the company's net profit per share remained relatively stable. Timken India reported earnings of Rs 1,189.00 per share (basic and diluted) for the quarter, compared to Rs 1,196.00 per share in the same quarter last year, indicating a marginal decrease of about 0.59%.

Board Decisions and Management Changes

The Board of Directors has approved several important decisions:

Re-appointment of Independent Director

The Board approved the re-appointment of Soumitra Hazra as an Independent Director for a second term of three years, effective from May 31, 2026. This appointment is subject to approval by the company's members. Hazra brings over 40 years of experience in finance and legal matters to the role, having previously served as Company Secretary & Chief-Compliance at Timken until September 2019.

New Senior Management Appointments

The company has made two key appointments to its senior management team, both effective November 3, 2025:

  • Gurdeep Grewal has been appointed as General Manager-Mobile-Sales
  • Vijay Pratap Singh has been appointed as General Manager Process-Sales

Both appointments are set to continue until the appointees reach the retirement age of 60 years, unless earlier separation occurs.

Conclusion

Timken India's latest quarterly results show strong revenue growth compared to the previous year, although net profit per share remained relatively flat. The company's decision to reappoint an experienced independent director and bring in new senior management talent suggests a focus on strengthening its leadership team and governance structure. These moves, combined with the robust revenue growth, may position Timken India for continued expansion and development in the coming years.

Historical Stock Returns for Timken

1 Day5 Days1 Month6 Months1 Year5 Years
+1.89%-0.56%+2.70%-4.27%-8.22%+178.02%
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