Mirae Asset Investment Managers (India) Private Limited has increased its stake in SKF India Ltd to 7.07%. The acquisition involved purchasing additional shares, raising the total holding to 3,497,078 shares as of December 30, 2025. The transaction was executed through open market purchases, reflecting a strategic investment move by Mirae Asset.
Stake Acquisition in SKF India
Mirae Asset Investment Managers (India) Private Limited has increased its shareholding in SKF India Ltd, as disclosed on December 31, 2025. The acquisition has resulted in a total holding of 3,497,078 shares, representing 7.07% of the total share/voting capital of SKF India.
Details of the Transaction
Prior to this acquisition, Mirae Asset held 3,260,025 shares, which constituted 6.59% of SKF India. The company acquired an additional 237,053 shares, representing 0.48% of the company’s equity. The transaction was conducted via open market purchases, and the acquisition was completed on December 30, 2025.
Impact on Shareholding
Following the acquisition, Mirae Asset’s shareholding has increased to 7.07% of the total share/voting capital of SKF India. This reflects a strategic investment move, increasing Mirae Asset’s influence in SKF India. The total equity share capital of SKF India before and after the acquisition remains at 49,437,963 shares. This change reflects Mirae Asset’s continued interest and investment in SKF India.
Source: BSE
