SKF Interim acquires majority stake in SKF India from parent AB SKF

SKF Interim AB, a wholly-owned subsidiary of Aktiebolaget SKF (AB SKF) and a member of the promoter group of SKF India Limited, has acquired 25,992,059 equity shares of SKF India Limited. This represents 52.58% of the total shareholding capital, transacted on December 22, 2025. This off-market inter-se transfer from AB SKF to SKF Interim AB was executed without consideration, as per Swedish law, classifying it as an unconditional and irrevocable shareholder's contribution.

The acquisition falls under the exemption provided by Regulation 10(1)(a)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Both the acquisition by SKF Interim AB and the disposal by Aktiebolaget SKF were disclosed in filings on December 23, 2025, to the BSE Limited and National Stock Exchange of India Limited.

Before the transaction, Aktiebolaget SKF held 25,992,059 shares, constituting 52.58% of the total share capital. After the transfer, SKF Interim AB now holds this 52.58% stake, while Aktiebolaget SKF's holding has become nil. The equity share capital of SKF India Limited remains INR494,379,630, comprising 49,437,963 equity shares of INR10 each.