SKF Promoter Disposes Majority Stake to Wholly-Owned Subsidiary

SKF’s promoter, Aktiebolaget SKF (AB SKF), has disposed of 25,992,059 equity shares in SKF India Limited, representing 52.58% of the total shareholding. The shares were transferred to SKF Interim AB, a wholly-owned subsidiary of Aktiebolaget SKF. The transaction, completed on December 22, 2025, was an off-market transfer, inter-se between the promoter and its subsidiary. There was no consideration.

Majority Stake Transfer

Aktiebolaget SKF (AB SKF), the promoter of SKF India Limited, has transferred a majority stake in the company to its wholly-owned subsidiary, SKF Interim AB. The transaction involved the disposal of 25,992,059 equity shares.

Transaction Details

The shares transferred represent 52.58% of SKF India Limited’s total shareholding. The transfer was completed on December 22, 2025. The mode of transfer was an off-market transaction, inter-se between the promoter and its subsidiary.

Impact on Shareholding

Prior to the transaction, Aktiebolaget SKF held 52.58% of SKF India’s shares. Following the transfer, SKF Interim AB now holds this 52.58% stake. There is no change in the total issued share capital of SKF India, which remains at INR 494,379,630, consisting of 49,437,963 equity shares of INR 10 each.

Source: BSE

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