Tribunal, Mumbai Bench ( Tribunal / NCLT ) in the Company Scheme Petition No. C.P. (CAA) /170/MB/2025 ( Order ) and in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of the newspaper advertisements published today i.e., 08th August 2025 in Financial Express, Business Standard, Economic Times & Mint in English Language and Loksatta in Marathi Language, with respect to notice of final hearing of the Company Scheme Petition in connection with the Scheme. Copies of the said newspaper publications are enclosed herewith for your reference and records. The above information will also be available on the website of the Company at https://www.skf.com/in/investors
SKFINDIA · price
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Awaiting price reaction for this filing.
SKF India Limited has informed stock exchanges about newspaper advertisements published on 8th August 2025 regarding the final hearing of its demerger scheme. The Scheme of Arrangement is between SKF India Limited (Demerged Company) and SKF India (Industrial) Limited (Resulting Company), along with their shareholders and creditors. The NCLT Mumbai Bench admitted the Company Scheme Petition (C.P. (CAA)/170/MB/2025) on 28th July 2025 and has fixed the final hearing for Friday, 12th September 2025 at 10:30 a.m. The ads were published in Financial Express, Business Standard, Economic Times, Mint (English) and Loksatta (Marathi) as required under the NCLT order. Any person wishing to support or oppose the petition must notify the company's advocate at least two days before the hearing date.
This is a procedural regulatory update confirming that SKF India's demerger plan is advancing through NCLT clearance. Shareholders do not need to take any immediate action unless they wish to oppose the scheme. The outcome of the 12th September hearing will determine if the industrial business demerger proceeds, which could reshape the company's structure.