Timken India Limited , a leading manufacturer of bearings and allied products, has received approval to acquire shares in Timken GGB Technology Private Limited. This strategic move is set to enhance Timken India's product portfolio and operational efficiency within the group.

Key Details of the Acquisition

The Board of Directors of Timken India Limited, in a meeting held on November 3, 2025, gave the go-ahead for purchasing equity shares of Timken GGB Technology Private Limited. The shares will be acquired from Timken Europe B.V. and The Timken Company through a Share Purchase Agreement (SPA).

Financial Implications

While the exact financial terms were not disclosed, the acquisition is expected to have significant implications for Timken India's market position. The company plans to complete 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:

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.

As the SPA is being finalized, market observers will be keenly watching for further details on the transaction and its potential impact on Timken India's future growth trajectory.

Investors and stakeholders are advised to keep an eye on further announcements from the company as the acquisition process moves forward.

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.