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Timken India Limited , co-promoted
by The Timken Company, USA (TIMKEN) and Tata Iron and Steel
Company Limited (TATA STEEL), was incorporated in 1987 as
Tata Timken Limited. This was the first ever joint venture
of The Timken Company. Till March, 1999, both the promoters,
i.e. Timken and Tata Steel, were holding 40 % each of the
subscribed equity capital of the company with the remaining
20 % held by public.
In 1999, Timken acquired inter-alia Tata Steel's 40% equity
holding and consequently the company's was changed to Timken
India Limited effective 2.7.1999.
The shares of Timken India Limited are listed on the stock
exchanges at Mumbai, Calcutta and Magadh.
Timken India is primarily engaged in manufacture, sale and
export for sale of antifriction bearings, components and related
parts. The company is also engaged in import and purchase
for resale and act as a Sales Agent for the products manufactured
by The Timken Company.
Timken India Limited uses cellular manufacturing, giving the
plant, flexibility to produce any part with a short lead time.
Timken India Limited falls under The Timken Company's International
Bearing Performance Audit program. Hence all bearings produced
by Timken India Limited will be of the same quality as produced
by any Timken unit worldwide.
Timken India became the first company in India to get
QS 9000 3rd edition accreditation. The plant uses Marposs
Auto Process Gauge Equipment and Allen Bradley controls in
its manufacturing processes. The company today has 555 associates.
Turnover for the calendar year 2003 was approximately Rs 230
crores INR.
Registered Office
Timken India Ltd.
39 -42, Electronic City,
Phase II, Hosur Road,
Bangalore - 560100
Registrars & Transfer Agents
Address for correspondence :
With effect from January 1, 2003, the services of AXC Computers
Pvt. Ltd. (formerly ABC Computers Pvt. Ltd.) as the Registrars
and Share Transfer Agents (RTA) of the Company have been discontinued
and Ami Computers (I) Ltd have since been appointed as the
new RTA, effective the said date. For any query relating to
your shareholding, you may also write to the new RTA at the
following address :-C B Management Services ( P ) Limited,
(Unit -Timken India Limited ), P-22, Bondel Road, Kolkata
- 700019, Tel : 033 - 22806692 / 93 / 94 / 2486 / 2937, Fax
- 033 - 22870263.
Share Transfer Systems
Requests for registration of transfer of shares may be sent
to the Transfer Agents at Calcutta or to the Registered Office
of the Company at Jamshedpur.
Registration of transfer of shares is generally done within
10 - 12 days from the date of receipt, if the documents are
complete in all respects.
Dematarialisation of shares
The shares of the company are traded compulsorily in dematerialized
form and about 52% of the company's share capital are dematerialized
at present.
Depository for Dematerialisation
National Securities Depository Ltd.
Trade World, 4th floor
Kamala Mills Compound
Senapati Bapat marg, Lower Parel
Mumbai - 400013
Central Depository Services (India) limited
P.J Towers, 28th floor, Dalal Street
Mumbai - 400023
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