FilingReader Intelligence

SKF India promoter group adjusts shareholdings

October 6, 2025 at 01:39 PM UTCBy FilingReader AI

SKF India Limited announced on October 6, 2025, that its promoter group entities, SKF Förvaltning AB and SKF (U.K.) Limited, have completed substantial inter-se share transfers. SKF Förvaltning AB disposed of 196,423 equity shares, representing 0.40% of the company's shareholding, to Aktiebolaget SKF (AB SKF). This transaction was part of a dividend distribution in kind and was conducted off-market.

Concurrently, Aktiebolaget SKF acquired 3,326,004 equity shares (6.73%) from SKF Förvaltning AB and 3,129,581 equity shares (6.33%) from SKF (U.K.) Limited. As a result, Aktiebolaget SKF's holding in SKF India increased from 22,666,055 shares (45.85%) to 25,992,059 shares (52.58%). These transactions, all occurring on October 1, 2025, were carried out off-market as inter-se transfers within the promoter group. The total voting capital of SKF India Limited remains at INR 494,379,630, consisting of 49,437,963 equity shares of INR 10 each.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:SKFINDIABombay Stock Exchange

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