TIMKEN INDIA LTD.

Timken India Ltd has announced that its Board of Directors will convene on August 4, 2026. The primary agenda item for this meeting is to consider and approve the company's financial results for the first quarter ended June 30, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and timely information dissemination to stakeholders regarding the company's financial performance.

Timken India Ltd has announced a recommended dividend of ₹2.50 per equity share for the financial year ended March 31, 2026, subject to member approval at the 39th AGM. The company has provided detailed communication regarding Tax Deducted at Source (TDS) on dividend payments. For resident individual shareholders, TDS is 10% if PAN is provided and the dividend exceeds ₹10,000, or 20% if PAN is invalid. Exemptions apply for dividends below ₹10,000 or with a valid declaration. Non-resident shareholders will face a 20% withholding tax, with options to avail beneficial Double Tax Avoidance Agreement (DTAA) rates upon providing necessary documentation.

Timken India Ltd has announced that its 39th Annual General Meeting (AGM) will be held on Tuesday, August 18, 2026, conducted via Video Conferencing or other audio-visual means. The company has also fixed Friday, July 31, 2026, as the record date for the purpose of determining eligibility for dividend payment, should one be declared at the AGM. This announcement is made in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Timken India Ltd has received an order from the High Court of Gujarat at Ahmedabad concerning a dispute related to the termination of an employee, Mr. Anil Ambalal Modi, from Antifriction Bearings Corporation Limited (amalgamated with Timken India) in 1995. The Labour Court had previously ruled the termination illegal, awarding 65% back wages and reinstatement. The High Court has upheld this order and further directed the company to pay regular wages from 2005 until the employee's superannuation. The company is assessing the financial impact and may file an appeal.

Timken India Ltd is facing a civil suit filed by Artech International Private Limited before the High Court of Calcutta. The suit challenges the termination of a distributor agreement, effective July 7, 2026, and claims damages of approximately ₹107.86 crore. The company has contested the maintainability of the suit and does not anticipate any immediate financial implications.

Timken India Ltd's board approved audited financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion from Deloitte Haskins & Sells LLP. A dividend of ₹2.50 per equity share has been recommended, pending shareholder approval. Mr. Gajanan Bidkar and Mr. Himanshu Kumar Mishra have been appointed as Senior Management Persons. The board also approved the amalgamation of Timken GGB Technology Private Limited with Timken India Limited, subject to necessary approvals.

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.

Timken India Ltd's board approved audited financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion from Deloitte Haskins & Sells LLP. A dividend of ₹2.50 per equity share has been recommended, pending shareholder approval. The company also announced the appointment of Mr. Gajanan Bidkar and Mr. Himanshu Kumar Mishra as Senior Management Persons. Furthermore, the board approved the amalgamation of Timken GGB Technology Private Limited with Timken India Limited, subject to necessary approvals.

Timken India Ltd's board approved audited financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion from Deloitte Haskins & Sells LLP. A dividend of ₹2.50 per equity share has been recommended, pending shareholder approval. The company is not classified as a Large Corporate under SEBI guidelines. Additionally, Mr. Gajanan Bidkar and Mr. Himanshu Kumar Mishra have been appointed as Senior Management Persons. The board also approved the amalgamation of Timken GGB Technology Private Limited with Timken India Limited, subject to necessary approvals.

Timken India Ltd's board approved audited financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion from Deloitte Haskins & Sells LLP. A dividend of ₹2.50 per equity share has been recommended, pending shareholder approval. Mr. Gajanan Bidkar and Mr. Himanshu Kumar Mishra have been appointed as Senior Management Persons. The board also approved the amalgamation of Timken GGB Technology Private Limited with Timken India Limited, subject to necessary approvals.