Timken India Ltd, its former company secretary Ravi Shankar Sood, and CB Management Services Ltd have reached a settlement with the Securities and Exchange Board of India (SEBI). The settlement effectively concludes adjudication proceedings related to alleged disclosure lapses, bringing regulatory clarity and closure to the matter.
In a regulatory development, Timken India Ltd, along with Ravi Shankar Sood (former company secretary) and CB Management Services Ltd, informed that they have successfully reached a settlement with the Securities and Exchange Board of India (SEBI).
The proceedings, which pertained to alleged lapses in compliance and disclosure obligations, have now been disposed of following the settlement terms accepted by SEBI’s Settlement Division. The case closure relieves concerned parties from further adjudicatory action, while underscoring the regulator’s focus on resolving minor procedural matters through settlement mechanisms.
Market observers interpret the move as a positive step that allows Timken India’s management to maintain operational focus while adhering to improved governance norms.
Key Highlights:
Parties Involved: Timken India Ltd, Ravi Shankar Sood, and CB Management Services Ltd.
Regulator: SEBI.
Outcome: Settlement reached; proceedings disposed of.
Matter: Related to disclosure and compliance obligations.
Impact: Brings regulatory closure, promoting governance stability.
Source: SEBI settlement order and company filings, December 17, 2025.