SKF India Limited announced the apportionment of cost of acquisition for equity shares following the demerger of its Industrial Business into SKF India (Industrial) Limited. Shareholders can apportion their pre-demerger cost, with 46.88% allocated to SKF India Limited and 53.12% to SKF India (Industrial) Limited. This apportionment is effective from October 15, 2025, the record date.
Demerger Cost Apportionment
Following the sanctioned Scheme of Arrangement, SKF India Limited provided guidance on how shareholders should apportion the cost of acquisition of equity shares between SKF India Limited (the original company) and SKF India (Industrial) Limited (the resulting company).
Allocation Percentages
As a result of the demerger, the cost of acquisition should be divided as follows:
* SKF India Limited: 46.88%
* SKF India (Industrial) Limited: 53.12%
Important Dates
This apportionment is effective from the record date, which was October 15, 2025. This impacts the cost basis for shareholders calculating capital gains after the demerger.
Disclaimer
This information is for general guidance only, and shareholders are advised to consult their own tax advisors to understand the specific tax implications relevant to their individual circumstances. The company assumes no liability regarding this guidance.
Source: BSE