Shares of Timken India will be in focus after the company informed stock exchanges about a change in the completion timeline for its proposed equity acquisition in a renewable energy entity.
In a regulatory filing dated December 31, 2025, Timken India stated that the transaction to acquire a 26.1% equity stake in Sunstreamgreen Energy C&I Three Private Limited is now expected to be completed on or before March 2026, instead of the earlier timeline of December 2025 .
What is the transaction about?
Timken India had earlier disclosed that it entered into an agreement to acquire a minority stake in Sunstreamgreen Energy C&I Three Private Limited under the Group Captive Scheme. The proposed acquisition is intended to enable the company to purchase power from the target entity.
What has changed?
According to the latest update, while the structure and purpose of the transaction remain unchanged, the expected completion date has been revised. The company clarified that the transaction is now likely to be concluded by March 2026.
Regulatory disclosure
The update has been issued as a continuation of Timken India’s earlier intimation dated September 22, 2025 and has been disclosed under applicable stock exchange regulations. The company has requested exchanges to take the information on record.
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