
Quarterly Result18 May 2026, 10:01 pm
Timken India approves FY26 results, recommends ₹2.50 dividend
AI Summary
Timken India's Board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion. The company also recommended a dividend of ₹2.50 per equity share of ₹10 each for FY26, subject to shareholder approval at the ensuing Annual General Meeting. Additionally, Mr. Gajanan Bidkar and Mr. Himanshu Kumar Mishra were appointed as Senior Management Persons. The Board further approved a Scheme of Amalgamation for its wholly-owned subsidiary, Timken GGB Technology Private Limited, with Timken India Limited, pending necessary approvals. The company confirmed it is not a Large Corporate as per SEBI guidelines.
Key Highlights
- Board approved audited financial results for Q4 and full year ended March 31, 2026.
- Recommended a dividend of ₹2.50 per equity share for the year ended FY26.
- Appointed Mr. Gajanan Bidkar and Mr. Himanshu Kumar Mishra as Senior Management Persons.
- Approved amalgamation of wholly-owned subsidiary, Timken GGB Technology Private Limited.
- Company confirmed it is not a Large Corporate as per SEBI circular.
Price Impact
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