Overview

We at Timken help to fulfill our responsibility to investors, associates, communities and the environment by continuing to grow the company in ways that build sustainable value. This is a reflection of the long held Timken values.

To deliver the profitable growth opportunities we have targeted, we remain committed to conscious cash management, efficient execution and concerted progress towards the achievement of our vision and values. In pursuit of these aims, we intend to win the loyalty of our customers, expand the careers of our associates and create long term value for our shareholders.

The shares of Timken India Limited are listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Timken India Limited is dedicated to the highest standard of ethics and integrity and has successfully applied these standards to the business. We have longstanding policies and practices to ensure that our company continues to be managed with integrity.

Board of Directors

• Mr. Sanjay Koul – Chairman & Managing Director
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• Mr. George J Ollapally – Independent Director
• Mr. Veerappan V – Independent Director
• Mr. Ajay Sood – Independent Director
• Dr. Lakshmi Lingam – Independent Director
• Mr. Douglas Smith – Director
• Mr. Hansal Patel – Director
• Mr. Avishrant Keshava – Business Controller – India, CFO & Whole-time Director

Committees of the Board

Audit Committee

The Audit Committee enjoys all the powers as mentioned in sub-regulation (2) (c) of Regulation 18 of the Listing Regulations. The role of the Audit Committee includes the entire role stated in Schedule II, Part C-A of Listing Regulations. The Audit Committee mandatorily reviews the information prescribed in Schedule II, Part C_B of Listing Regulations. The Audit Committee also acts in accordance with terms of reference prescribed under Section 177 of the Companies Act, 2013.

Name and Role*

• Mr. George J Ollapally (C)
• Mr. Sanjay Koul (M)
• Mr. Veerappan V (M)
• Mr. Ajay Sood (M)

Nomination and Remuneration Committee

The committee shall identify persons who are qualified to become Directors and who may be appointed in senior Management in accordance with criteria laid down, recommend to the Board their appointment and removal and shall carry out evaluation of every Director’s performance. The committee shall also formulate the criteria for determining the qualifications, positive attributes and independence of a Director and recommend to the Board a policy relating to the remuneration for the Directors, key managerial personnel and other employees and also devising a policy on Board diversity.

Name and Role*

• Mr. George J Ollapally (C)
• Mr. Ajay Sood (M)
• Dr. Lakshmi Lingam (M)
• Mr. Hansal Patel (M)

Stakeholders Relationship Committee

Terms of reference of this Committee include looking into grievances of security holders of the company, redressal of investor complaints, eg, transfer of shares, non-receipt of balance sheet, etc. and also to authorize registration of transfer of shares, issue of duplicate/new certificates, etc.

Name and Role*

• Mr. Veerappan V (C)
• Mr. Lakshmi Lingam (M)
• Mr. Douglas Smith (M)
• Mr. Hansal Patel (M)
• Mr. Avishrant Keshava (M)

Corporate Social Responsibility Committee

The committee shall formulate and recommend to the Board a corporate social responsibility (CSR) policy which shall indicate the activities to be undertaken by the Company as specified in Schedule VII, recommend the amount of expenditure to be incurred on the activities, monitor the CSR policy of the company from time to time.

Name and Role*

• Mr. Sanjay Koul (C)
• Mr. Avishrant Keshava (M)
• Dr. Lakshmi Lingam (M)

Risk Management Committee

The committee shall monitor and review the risk management plan of the Company and discharge such other function as may be delegated to it by the Board of Directors of the Company.

Name and Role*

• Mr. Sanjay Koul (C)
• Mr. Avishrant Keshava (M)
• Mr. Veerappan V (M)

*C – Chairman
*M – Member