SKF India Limited has informed the Exchange about report received from Aktiebolaget SKF (AB SKF), the Promoter of the Company, ( AB SKF ) pursuant to Regulation 10(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ( SEBI SAST Regulations ), in relation to the off-market inter-se transfer of 3,326,004 (Three Million Three and Hundred Twenty Six Thousand and Four) equity shares of the Company from SKF (U.K.) Limited (Promoter Group) and SKF Förvaltning AB (Promoter Group) to AB SKF.

SKF India has informed the exchange about an off-market transfer of 33,26,004 equity shares within its promoter group. The shares have been transferred from SKF (U.K.) Limited and SKF Förvaltning AB (both Promoter Group entities) to AB SKF, the parent company and Promoter of SKF India. This is an internal restructuring of holdings within the same promoter group and not a transaction with the public. The transfer was reported under SEBI Takeover Regulations, which require disclosure of such inter-se promoter transfers. There is no change in the ultimate promoter of the company or in the total promoter shareholding in SKF India.