Timken India : Communication to shareholders as per Reg 30
November 16, 2022 at 07:59 am EST
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Mandar Vasmatkar
Company Secretary & Chief-Compliance mandar.vasmatkar@timken.com
16 November, 2022
The National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1,NSE Symbol - TIMKEN
G-Block, Bandra- Kurla Complex,
Bandra (E),
Mumbai- 400 051.
BSE Limited
Phiroze Jeejeebhoy Towers,Scrip Code- 522113
Dalal Street, Fort,
Mumbai- 400 001.
Dear Sir/Madam,
Sub: New Manufacturing Facility
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to announce that new manufacturing facility will be set up at Bharuch, Gujarat to manufacture Spherical Roller Bearings ('SRB') and Cylindrical Roller Bearings ('CRB') and components thereof.
The Company already has manufacturing plant at Bharuch, Gujarat wherein primarily Tapered Roller Bearings ('TRB') and its components are manufactured. At the same premises wherein existing plant is situated, new facility will be set up to manufacture SRB and CRB and components thereof which will enhance manufacturing capacity of the Company. Relevant details in this regard are provided below:
Existing capacity
The Company has manufacturing plants at
Jamshedpur and Bharuch wherein primarily
TRB and its components are manufactured.
The Company at present does not manufacture
SRB and CRB.
Registered office: Timken India Limited
39-42, Electronic City, Phase II, Hosur Road, Bangalore 560 100.
You are kindly requested to take note of the above.
Thanking you,
Yours faithfully,
For TIMKEN INDIA LIMITED
Mandar Vasmatkar
Company Secretary
& Chief - Compliance
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Timken India Limited published this content on 16 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2022 12:58:01 UTC.
Timken India Limited is an India-based company, which is engaged in engineered bearings and industrial motion products. The Company is in the manufacture, distribution and sale of anti-friction bearings, primarily tapered roller bearings, other roller bearings, components, accessories, and mechanical power transmission products for a diverse customer base. It also provides maintenance contract and refurbishment services. The Company's manufacturing plants are located at Jamshedpur in Jharkhand & Bharuch in Gujarat and distribution centers are located in various parts of the country. Industrial motion products include augers, automatic lubrication systems, belts, brakes and clutches, chain, couplings & universal joints, gear drives / transmissions, linear motion, lubrication and lubrication systems, Timken maintenance tools, gearboxes overhaul, motor repair services, and up tower wind services. It offers various brands, such as Timken, Beka, Cone Drive, Diamond Drives and others.