|
| Exchange Received Time 30/08/2018 12:23:55 Exchange Disseminated Time 30/08/2018 12:23:57 Time Taken 00:00:02 | Sub: Update on the Scheme of Amalgamation and Arrangement with ABC Bearings Limited
Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 ('SEBI LODR Regulations')
We would like to inform you that the jurisdictional benches of National Company Law Tribunal ('NCLT') at Bengaluru and Mumbai approved the Scheme of Amalgamation and Arrangement between ABC Bearings Limited ('ABC') and Timken India Limited ('Timken') and their respective shareholders and creditors ('Scheme').
We would like to further inform you that, both Timken and ABC have filed the certified copies of the NCLT orders with jurisdictional Registrar of Companies ('ROC') at Bengaluru and Mumbai respectively. The Effective Date of the Scheme is August 30, 2018.
We request you to kindly take the above information on record.
|
|
|