Timken India Limited — JV/Acquisition, 31-12-2025: Acquisition

Timken India is acquiring a 26.1% equity stake in Sunstreamgreen Energy C&I Three Private Limited. This strategic investment aims to secure power for Timken's operations through a Group Captive Scheme, ensuring a reliable and potentially more efficient energy supply. The company initially expected to complete this transaction by December 2025, but it is now anticipated to finalize by March 2026. This move underlines Timken's focus on operational self-sufficiency and cost management.