SKFINDIANSESKF India Limited· BearingsHighNeutral
Announced Mon, 6 Oct · 23:29 IST

With reference to the captioned subject, SKF India Limited ( the Company") has received disclosures dated October 6, 2025, from SKF (U.K.) Limited, a member of the Promoter Group of the Company for disposal of 3,129,581 (Three Million One Hundred and Twenty Nine Thousand Five Hundred and Eighty One) equity shares constituting 6.33% (Six Point Three Three Percent) of the shareholding of the Company pursuant to an off-market transaction with Aktiebolaget SKF (AB SKF), Promoter of the Company. The transaction was executed pursuant to proviso (i) to Regulation 4 (1) of the Insider Trading Regulations.Accordingly, we are enclosing herewith the copy of above disclosures received from SKF (U.K.) Limited under Regulation 4(1) and Regulation 7(2) of the Insider Trading Regulations.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SKF India Limited received a disclosure dated October 6, 2025, from SKF (U.K.) Limited, a promoter group member, regarding the disposal of 31,29,581 equity shares (6.33% of total shareholding) through an off-market transaction. The shares have been transferred to Aktiebolaget SKF (AB SKF), the parent promoter of the company. This is an internal restructuring within the promoter group, with shares being consolidated at the parent (Swedish parent) level from its UK subsidiary. The total promoter group shareholding in SKF India remains unchanged as both entities involved belong to the promoter/promoter group. The disclosure was filed under the SEBI Insider Trading Regulations.

Likely market impact

No material impact on minority shareholders or stock price expected, as this is an internal reshuffle within the promoter group and the overall promoter ownership stays the same. The transfer actually consolidates the Swedish parent's direct holding in SKF India, which could be viewed positively in terms of parent commitment.