Mirae Asset Mutual Fund reported a substantial acquisition of equity shares in SKF India Ltd. The transaction, executed on February 13, 2026, via the Open Market, involved acquiring 25,2067 shares, representing 0.51% of the total voting capital. Following the purchase, Mirae Asset’s total holding in SKF India stands at 4,575,015 shares, translating to 9.25% of the total voting rights.
Substantial Shareholding Update
Mirae Asset Investment Managers (India) Private Limited has formally disclosed a change in its shareholding in SKF India Ltd. (Scrip Code: 500472). This disclosure pertains to an acquisition made on February 13, 2026, filed under the relevant SEBI regulations.
Acquisition Details
The specific details of the transaction are summarized below, reflecting holdings before and after the acquisition under consideration:
- Mode of Acquisition: The shares were acquired through the Open Market mechanism.
- Shares Acquired: A total of 252,067 shares carrying voting rights were purchased.
- Percentage Change: This acquisition represents a 0.51% increase in voting rights relative to the total capital.
Holding Post-Acquisition
As a result of this purchase, the total holding by Mirae Asset Mutual Fund in the target company is now significantly higher:
- Shares Carrying Voting Rights Post-Acquisition: 4,575,015 shares.
- Total Voting Capital Post-Acquisition: The holding now constitutes 9.25% of the total share/voting capital.
Capital Structure Context
The disclosure notes that the total diluted share/voting capital of SKF India Ltd. after the said acquisition stands at 49,437,963 units, compared to 49,737,963 units prior to the transaction, indicating a slight decrease in the total capital base for percentage calculation purposes after the transaction date.
The submission was formally signed by Rimmi Jain, Head – Compliance, Legal and Company Secretary, on February 16, 2026.
Source: BSE
