Timken India Limited

Timken India Limited

Timken India Limited informed about an order passed by the Hon'ble High Court of Gujarat at Ahmedabad, upholding a Labour Court's 2005 decision concerning a long-standing employment dispute. The order pertains to the illegal termination of an employee of Antifriction Bearings Corporation Limited (amalgamated with Timken India) in 1995. The High Court directed the company to pay regular wages to the employee from 2005 until his superannuation, in addition to 65% back wages previously awarded. Timken India is determining the financial impact and plans to appeal the order.

Timken India Limited

Timken India Limited has announced the closure of its trading window for designated persons and insiders. This measure, effective from July 1, 2026, complies with SEBI (Prohibition of Insider Trading) Regulations, 2015. The closure is in anticipation of the company's financial results for the quarter ending June 30, 2026. The window will reopen 48 hours after the submission and publication of these financial results. For investors, this indicates the upcoming release of the company's quarterly earnings, reinforcing regulatory compliance and transparency.