SKF Interim AB, part of the Promoter Group of SKF India, has acquired 25,992,059 equity shares, representing 52.58% of the company’s shareholding, through an off-market transaction from Aktiebolaget SKF (AB SKF), Promoter of the Company. The transaction occurred on December 23, 2025, and reflects an inter-se transfer within the Promoter Group with no consideration.
Promoter Group Restructuring
On December 23, 2025, SKF India announced a significant shift in its shareholding pattern. SKF Interim AB, a member of the Promoter Group, increased its stake in the company by acquiring a substantial block of shares from another Promoter entity, Aktiebolaget SKF (AB SKF).
Details of the Transaction
The transaction involved the acquisition of 25,992,059 equity shares by SKF Interim AB. This represents 52.58% of SKF India’s total shareholding. The shares were acquired through an off-market transaction from Aktiebolaget SKF (AB SKF). The company stated this transaction is an unconditional and irrevocable shareholder’s contribution, with no consideration involved.
Source: BSE