Aktiebolaget SKF (AB SKF), the promoter of SKF India, has disposed of 25,992,059 equity shares, representing 52.58% of the company’s shareholding. The shares were sold to SKF Interim AB, a wholly-owned subsidiary of AB SKF, through an off-market transaction. The transaction, dated December 23, 2025, was executed as per insider trading regulations, with no consideration involved.
Promoter Stake Transfer
Aktiebolaget SKF (AB SKF), promoter of SKF India, has divested a significant portion of its stake in the company. The transaction involved the transfer of 25,992,059 equity shares.
Details of the Transaction
The disposed shares constitute 52.58% of SKF India’s total equity. The off-market transaction was executed on December 23, 2025, with SKF Interim AB, a wholly-owned subsidiary of AB SKF, as the acquirer. This transfer was an unconditional and irrevocable contribution for no consideration.
Impact on Shareholding
Following this transaction, SKF Interim AB now holds 52.58% of SKF India’s shares. The transaction was carried out in accordance with insider trading regulations.
Source: BSE