Smart Money Alert

Timken India Limited

DecreasedQuarterly

TIMKENAbrasives & BearingsMarket Cap₹23K Cr

Stake

1.86% → 1.57%

Mirae Asset Mutual Fund

Mutual Fund

The move

Mirae Asset Mutual Fund decreased its stake in Timken India Limited from 1.86% to 1.57%, selling 213,383 shares. The value of the sold shares is ₹69.56 Cr at ₹3260.30 apiece.

About Timken India Limited

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A manufacturer and distributor of anti-friction bearings, components, and mechanical power transmission products serving diverse industrial sectors across India. Timken India provides maintenance contracts, refurbishment services, and comprehensive industrial solutions to its customer base. Established in 1987, the company operates as part of the global Timken Group, bringing international expertise in bearing technology, mechanical power transmission, and specialized industrial services to multiple industry verticals.

About Mirae Asset Mutual Fund

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Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.

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More moves in Timken India Limited

Tata AIA Life InsuranceExited

Tata AIA Life Insurance has exited Timken India Limited's disclosed shareholder list after last reporting a 1.15 percent stake, indicating either a complete sale or a reduction below the 1 percent disclosure threshold.

19 Jul 2026

ICICI Prudential Mutual FundExited

ICICI Prudential Mutual Fund, which previously held 1.57 percent of Timken India Limited, is no longer listed among the company's shareholders, indicating either a complete exit or a reduction of its stake below the 1 percent reporting threshold.