SKF India promoter group plans significant internal share transfer

Aktiebolaget SKF, the promoter of SKF India Limited, will acquire 3,326,004 equity shares, representing 6.73% of the total shareholding capital. This off-market inter-se transfer will occur from SKF (U.K.) Limited and SKF Förvaltning AB, both members of the promoter group, as a dividend in kind. The transaction is scheduled for on or after October 1, 2025.

The acquisition involves 3,129,581 equity shares (6.33%) from SKF (U.K.) Limited and 196,423 equity shares (0.40%) from SKF Förvaltning AB. This transfer is exempt under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and involves no consideration.

Post-transaction, Aktiebolaget SKF's shareholding will increase from 45.85% (22,666,055 shares) to 52.58% (25,992,059 shares). The aggregate holding of the promoter and promoter group will remain unchanged, as this is an internal rearrangement.