5221132026-05-185221132026-05-182026-05-18522113TIMKEN INDIA LIMITEDTIMKENNOTLISTEDINE325A01013NewAmalgamation/ Mergertrue2026-05-1820:04:002026-05-18true2026-05-182026-05-18falsetrueChief Financial Officer and Company Secretary & Chief-Compliance of Timken India Limited are Directors in Timken GGB Technology Private Limited.trueTransferor Company - trading of different types of sealing products and bearings. Transferee Company - mainly manufacturing and sale of bearings and components.Rationale for amalgamation is summarized below: (i) Simplified management structure, leading to better administration and reduction in costs from more focused operational efforts, rationalisation, standardisation and simplification of business processes, and the elimination of duplication and rationalisation of administrative expenses; (ii) Cost savings are expected to flow from more focused operational efforts, rationalisation, usage of common resource pools like human resource, administration, finance, accounting, legal, technology and other related functions, leading to elimination of duplication and rationalisation of administrative expenses; (iii) Greater integration and greater financial strength and flexibility for the Transferee Company, which would result in maximizing overall shareholder value; (iv) Creation of a single unified entity with a wider and stronger capital and asset base, having greater capacity for conducting its operations more efficiently and competitively; (v) Efficient use of infrastructure facilities and optimum utilisation of the available resources resulting in substantial reduction in statutory compliances; (vi) Greater efficiency in cash management of the Transferee Company and unfettered access to cash flow generated by the combined business which can be deployed more efficiently to fund growth opportunities, to maximise shareholder value; (vii) Simplification of group structure by eliminating multiple companies resulting in better clarity for external stakeholders, especially shareholders. (viii) The amalgamation will enable integration and standardisation of the business operations, including alignment of transfer pricing methodologies, documentation and related party transaction policies of the Transferor Company with those of the Transferee Company, thereby ensuring a consistent group-wide framework in accordance with applicable law.OthersNo cash consideration is involved in the Scheme. Transferor Company is a wholly owned subsidiary of Transferee Company. Upon the Scheme coming into effect investment made by Transferee Company in Transferor Company shall stand cancelled. No shares are proposed to be issued and no consideration is payable by Transferee Company pursuant to the Scheme.There will be no change in the Shareholding pattern of the Transferee Company pursuant to the Scheme.Nothing in particular.