BSECompany Update▼ NegativeLitigation22 Jun 2026
Timken India Ltd
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform about an Order passed by Hon'ble ....
Timken India Ltd has announced an order passed by the Hon'ble High Court of Gujarat upholding a Labour Court's decision regarding the illegal termination of an employee of Antifriction Bearings Corporation Limited (now amalgamated with Timken India Limited) in 1995. The High Court confirmed the termination was illegal, ordered reinstatement, 65% back wages from 1995, and regular wages from 2005 until the employee's superannuation. The company is currently determining the financial impact, which is likely to be substantial, and intends to file an appeal against this order.
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