Timken India Limited has informed that in furtherance to our earlier communication dated 3 November, 2025, we wish to inform that Share Purchase Agreement for purchase of equity shares of Timken GGB Technology Private Limited from Timken Europe B.V. and The Timken Company has been executed on 21 November, 2025 between the parties. You are kindly requested to take note of above.
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Timken India has signed a Share Purchase Agreement on 21 November 2025 to buy equity shares of Timken GGB Technology Private Limited from its group entities — Timken Europe B.V. and The Timken Company. This is a follow-up to an earlier communication dated 3 November 2025 about the proposed acquisition. Since both sellers are related parties (part of the Timken group), this is an inter-group acquisition. The filing does not disclose deal value, share purchase price, or the percentage of equity being acquired.
The acquisition expands Timken India's business into Timken GGB's product portfolio (likely plain bearings/sleeve bearings, as GGB is a known brand in this space). Shareholders should watch for further disclosures on deal valuation and any open-offer obligations, as the consideration details are not yet shared.