BCEIE › News › TIMKEN

Management change

Timken India: We write to inform you that: Mr. Pramesh Maheshwari

Timken India (TIMKEN) filed a disclosure titled "We write to inform you that: Mr. Pramesh Maheshwari". The company is valued at about ₹22,017 crore.

BCEIE News Desk · Published 12 Oct 2026, 05:50 pm IST · Filing received 12 Oct 2026, 05:34 pm IST

What happened

Timken India (TIMKEN) filed a disclosure with the exchanges on 12 October 2026 at 05:34 PM titled "We write to inform you that: Mr. Pramesh Maheshwari".

Company snapshot

Timken India is a small-cap company in the Capital Goods sector, with a market value of about ₹22,017 crore.

The stock last traded at ₹2,927, against a 52-week range of ₹2,800.5–₹3,925 (25.4% below the high).

Before this filing the shares had moved −6.6% over the month and −6.7% over three months. Average daily turnover over the last 20 sessions was about ₹12.35 crore.

Promoters held 51.05% at the end of Q1 FY27. Foreign institutions owned 7.32% and domestic institutions 30.28%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26809104.213.86
Q2 FY2677389.511.89
Q3 FY2678054.67.25
Q4 FY261,090158.321.05
Q1 FY27943119.715.91

What history shows

BCEIE's records show 1 previous management change filing from the company since May 2026.

Across 223 similar disclosures by other Capital Goods companies, shares moved +0.3% on average the next day and +0.6% over five days; 51% of them rose the next day.

Market-wide, 3,919 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 29 October 2026: Board meeting — Financial Results.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.