With reference to our intimation dated 30th September 2025 and 01st October 2025 informing the Stock Exchange(s) about the receipt of the certified copy of the Order ( Order ) of the National Company Law Tribunal, Mumbai Bench ( Hon ble NCLT ) sanctioning the Scheme and intimation of 01st October 2025 being the effective date of Scheme of Arrangement ( Scheme ) between SKF India Limited ( SKF India or Demerged Company or Company ) and SKF India (Industrial) Limited ( SKF Industrial or Resulting Company ) and their respective shareholders and creditors ( Scheme ), we wish to inform you that in terms of the Scheme and in consideration thereof, SKF Industrial shall issue and allot equity shares to the shareholders of the Company on a proportionate basis, as per the following ratio: Ratio: 1 (One) fully paid-up equity share of INR 10/- (Indian Rupees Ten only) each of the SKF Industrial for every 1 (One) fully paid-up equity share of INR 10/- (Indian Rupees Ten only) each held in the Company. Eligible Shareholders: Shareholders of the Company whose names appear in the register of members and/ or records of the depository as shareholders of the Company as on the Record Date. In this regard, we would like to inform you that in terms of the Scheme, the Boards of Directors of the Company and SKF Industrial have mutually agreed to fix 15th October 2025 as the Record Date for the purpose of determining the shareholders of the Company entitled to receive equity shares of SKF Industrial would be allotted.
SKFINDIA · price
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SKF India has confirmed that the National Company Law Tribunal (NCLT), Mumbai Bench has sanctioned the Scheme of Arrangement between SKF India (Demerged Company) and SKF India (Industrial) Limited (Resulting Company), with 1st October 2025 as the effective date. Under the scheme, shareholders of SKF India will receive 1 fully paid-up equity share of INR 10 each of SKF Industrial for every 1 equity share of INR 10 held in SKF India, on a proportionate basis. The Board has fixed 15th October 2025 as the Record Date to determine eligible shareholders who will receive the newly allotted shares of SKF Industrial. Shareholders whose names appear in the register of members or depository records as of the Record Date will be entitled to the allotment.
Shareholders of SKF India as of 15th October 2025 will receive shares of SKF India (Industrial) Limited in addition to their existing SKF India holdings, effectively giving them stakes in both entities. This is a value-unlocking event but may lead to short-term price adjustments as the market re-rates the demerged structure.