SKF Interim AB, a member of the promoter group of SKF India Limited, has acquired 25,992,059 equity shares, increasing its stake to 52.58%. The transaction, completed on December 23, 2025, involved an off-market purchase from Aktiebolaget SKF (AB SKF). This acquisition strengthens SKF Interim AB’s position within the company.
Promoter Group Strengthens Holding
On December 23, 2025, SKF India Limited announced that SKF Interim AB, a member of the Promoter Group, has increased its shareholding in the company.
Details of the Transaction
SKF Interim AB acquired 25,992,059 equity shares, representing 52.58% of SKF India Limited. The shares were purchased from Aktiebolaget SKF (AB SKF) through an off-market transaction. Consequently, SKF Interim AB now holds a majority stake in the company.
Significance of the Acquisition
This acquisition demonstrates the promoter group’s continued confidence in the long-term prospects of SKF India Limited. By increasing its stake, SKF Interim AB solidifies its commitment to the company’s growth and strategic direction.
Source: BSE