The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mirae Asset Mutual Fund
SKFINDIA · price
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Mirae Asset Mutual Fund purchased 2,37,053 shares (0.48% stake) of SKF India Ltd on December 30, 2025, through an open market transaction. Following this acquisition, Mirae Asset MF's total holding in SKF India rose from 32,60,025 shares (6.59%) to 34,97,078 shares (7.07%). The acquirer is not part of the promoter or promoter group of SKF India. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, which covers creeping (incremental) acquisitions by non-promoter entities.
This is a small incremental purchase by a domestic mutual fund, indicating steady institutional interest in SKF India. At 7.07%, the holding is still well below the 10% disclosure trigger under SAST, and there are no control or takeover implications for existing shareholders.