SKF India has announced that a member of its Promoter Group, SKF (U.K.) Limited, has disposed of 3,129,581 equity shares, representing 6.33% of the company’s total shareholding. The transaction, executed on October 1, 2025, was an off-market transaction with Aktiebolaget SKF (AB SKF), another entity within the Promoter Group. The disposal involved shares distributed as a dividend in kind.
Promoter Group Transaction
SKF India disclosed an off-market transaction involving SKF (U.K.) Limited, a member of the Promoter Group, and Aktiebolaget SKF (AB SKF), also a part of the Promoter Group. This transaction resulted in SKF (U.K.) Limited disposing of a significant portion of its stake in SKF India.
Details of the Share Disposal
On October 1, 2025, SKF (U.K.) Limited transferred 3,129,581 equity shares, equivalent to 6.33% of SKF India’s shareholding, to Aktiebolaget SKF (AB SKF). These shares were distributed as dividend in kind. No consideration was exchanged as the shares were transferred as part of dividend distribution within the Promoter Group.
Impact on Shareholding
Following the transaction, SKF (U.K.) Limited’s holding in SKF India decreased by 6.33%. However, the overall control and ownership structure within the Promoter Group remain consistent as the shares were transferred to another entity (Aktiebolaget SKF) within the same group.
Source: BSE
