Aktiebolaget SKF (AB SKF) (publ.) has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Swedish parent company Aktiebolaget SKF (AB SKF) (publ.), the promoter of SKF India, has filed a routine compliance disclosure confirming that its entire shareholding in SKF India is unencumbered and not pledged. The promoter holds 2,26,66,055 equity shares, representing 45.85% of SKF India's total share capital. This filing is submitted annually under SEBI's takeover regulations to declare the encumbrance status of promoter shares. No new transactions, acquisitions, or changes in shareholding are involved in this disclosure.
This is a routine compliance filing with no material impact on shareholders or stock price. It confirms the promoter's 45.85% stake remains free of any pledge or encumbrance, signalling financial stability at the promoter level. Investors should note that the promoter holding is below the 50% majority threshold.