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Timken India informs about updates on amalgamation

30 Apr 2018 Evaluate

Timken India has informed that Hon’ble National Company Law Tribunal, Bengaluru Bench vide its order dated 26 April, 2018 has approved Scheme of Amalgamation and Arrangement between Timken India and ABC Bearings and their respective shareholders and creditors.

The above information is a part of company’s filings submitted to BSE.

 

Peers
Company Name CMP
Schaeffler India 3948.75
Timken India 3300.35
SKF India 1528.60
NRB Bearings 515.05
Menon Bearings 298.00
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