SKF has completed an internal share transfer. Aktiebolaget SKF (AB SKF) transferred 25,992,059 equity shares, representing 52.58% of SKF India Limited, to SKF Interim AB. This transaction, effective December 22, 2025, is an inter-se transfer between AB SKF and its wholly-owned subsidiary, exempt under SEBI regulations. There was no consideration for this transfer.
Internal Shareholding Restructuring
Aktiebolaget SKF (AB SKF), the promoter of SKF India Limited, has transferred its shareholding to SKF Interim AB, a wholly-owned subsidiary. The transfer involved 25,992,059 equity shares.
Details of the Share Transfer
The off-market inter-se transfer represents 52.58% of the total shareholding capital of SKF India Limited. The transaction was completed on December 22, 2025. This transfer does not involve any financial consideration as it is an internal restructuring.
Rationale for the Transfer
The transfer is part of an internal restructuring process where Aktiebolaget SKF (AB SKF) has made an unconditional and irrevocable shareholder’s contribution of all the shares held by it in SKF India Limited to SKF Interim AB. This restructuring aligns with the company’s strategic objectives.
Impact on Shareholding
Following the transfer, SKF Interim AB now holds 25,992,059 shares, representing 52.58% of the total share capital. Aktiebolaget SKF (AB SKF) no longer holds any shares in SKF India Limited as of December 22, 2025.
Source: BSE