SKF India sees promoter group internal shareholding restructuring

SKF India Limited announced on December 23, 2025, a substantial internal restructuring within its promoter group. Aktiebolaget SKF (AB SKF), the company's promoter, disposed of 25,992,059 equity shares, representing 52.58% of SKF India's total shareholding. This off-market transaction was executed with SKF Interim AB, a wholly-owned subsidiary of AB SKF. The transaction, classified as an unconditional and irrevocable shareholder's contribution, involved no monetary consideration.

This disposal by AB SKF and simultaneous acquisition by SKF Interim AB, also a member of the promoter group, occurred on December 22, 2025. The transaction was undertaken pursuant to Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Consequently, SKF Interim AB now holds 25,992,059 equity shares, equivalent to 52.58% of SKF India Limited, having become a promoter group member on December 22, 2025. No open interest in derivatives was reported for either the future or option contracts held by the promoter group.