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 (acting as an acquirer, not a promoter) has disclosed an open-market purchase of 252,067 equity shares (0.51%) of SKF India Ltd on February 13, 2026. This raises its total holding in SKF India from 4,322,948 shares (8.74%) to 4,575,015 shares (9.25%) of the company's share capital. The acquisition was carried out through NSE/BSE and disclosed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations. The disclosure was filed by Mirae Asset Investment Managers (India) Pvt Ltd, the asset management arm, signed by Rimmi Jain, Head-Compliance, Legal and Company Secretary.
Mirae Asset MF continues to steadily accumulate shares in SKF India and is now just 0.75 percentage points away from the 10% disclosure threshold, which could attract more market attention as it nears that level. For shareholders, this signals sustained institutional confidence in SKF India, though the incremental size of this purchase is modest and unlikely to materially move the stock price.