Timken India to Acquire 26.1% Stake in Sunstreamgreen Energy C&I Three Pvt. Ltd.
Timken India Limited has provided an update regarding its agreement to acquire 26.1% equity shares of Sunstreamgreen Energy C&I Three Private Limited. This transaction is related to the purchase of po...
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Why is Timken India Limited in the news today?
Timken India Limited (TIMKEN) is in the news due to the announcement provides an update on an ongoing acquisition, with a revised completion timeline. while the acquisition itself is a significant corporate action, the change in timeline from december 2025 to march 2026 without further context does not inherently signal a positive or negative development.
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Timken India to Acquire 26.1% Stake in Sunstreamgreen Energy C&I Three Pvt. Ltd.
December 31, 2025, 06:17 AM
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More Details on This News
Timken India Limited has provided an update regarding its agreement to acquire 26.1% equity shares of Sunstreamgreen Energy C&I Three Private Limited. This transaction is related to the purchase of power under a Group Captive Scheme. Initially, the completion of this acquisition was expected on or before December 2025. However, the company now anticipates that the transaction will likely be completed on or before March 2026. This update follows a previous intimation made on 22 September 2025.
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