1- Take three circles (same size)
2- Make one circle stroke 40/ 50 pt. make sure the ‘align stroke centre’ is active.
3- Write your text on the circle, then go to
Type- type on a path option- pick align to path ‘centre’
4- Apply this for both circles where the text will appear.
5- Group two text circles into one after applying vertical and horizontal ‘centre’ alignment
6- Now align all circles according to vertical and horizontal ‘centre’ alignment.