Corporate Announcement
Security Code : 522113    Company : TIMKEN    
 
Outcome Of The NCLT Convened Meetings Of The Equity Shareholders And Unsecured Creditors Of Timken India Limited ('The Company')Download PDF Download XBRL
  Exchange Received Time  01/02/2018 20:23:15         Exchange Disseminated Time   02/02/2018 09:18:08              Time Taken   12:54:53
We wish to inform you that at the meetings of the equity shareholders and unsecured creditors of the Company held on February 01, 2018 at 10:00 AM (IST) and 02:00 PM (IST) respectively, on the directions of the National Company Law Tribunal, Bengaluru Bench ('NCLT') vide its order dated December 14, 2017 to consider and approve Scheme of Amalgamation and Arrangement between ABC Bearings Limited and Timken India Limited and their respective shareholders and creditors ('Scheme'), the equity shareholders and unsecured creditors of the Company have duly approved the Scheme with requisite majority.

Scrutinizer's Reports along with the details of the voting results of the equity shareholders' and unsecured creditors' meetings are enclosed herewith for your information and record.
 

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