SKF India promoter group's shareholding restructured by off-market transactions

On October 6, 2025, SKF India Limited announced that its promoter, Aktiebolaget SKF (AB SKF), acquired 3,326,004 equity shares, representing 6.73% of the company’s shareholding. This off-market transaction involved SKF (U.K.) Limited and SKF Förvaltning AB distributing these shares to AB SKF as a dividend in kind. This acquisition by AB SKF increases its holding to 52.58% or 25,992,059 equity shares.

Concurrently, SKF (U.K.) Limited, also a member of the promoter group, disposed of 3,129,581 equity shares, constituting 6.33% of SKF India’s shareholding. This off-market transaction also occurred with Aktiebolaget SKF (AB SKF). The disclosures, made under SEBI (Prohibition of Insider Trading) Regulations, 2015, confirm these transactions as distributions of dividends in kind, with no monetary consideration.