Timken India Limited announces an agreement for the purchase of equity shares of Timken GGB Technology Private Limited from Timken Europe B.V. and The Timken Company. The agreement was executed on November 21, 2025 between the parties. The company has requested stakeholders to take note of this agreement.
Share Acquisition Agreement
Timken India Limited has entered into a Share Purchase Agreement dated November 21, 2025, to acquire equity shares of Timken GGB Technology Private Limited. The transaction involves acquiring shares from Timken Europe B.V. and The Timken Company.
Transaction Details
The agreement formalizes the purchase of equity shares, marking a significant step in Timken India’s strategic initiatives. This transaction, which took effect on November 21, 2025, signifies Timken’s commitment to expand its portfolio and enhance its market presence. Timken has requested all stakeholders to take note of this agreement.
Source: BSE