SKF India Promoter AB SKF Sells 52.58% Stake to Subsidiary SKF Interim AB
SKF India Limited announced that its promoter, Aktiebolaget SKF (AB SKF), has disposed of 25,992,059 equity shares, representing 52.58% of the company's shareholding. This transaction was an off-marke...
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Why is SKF India Limited in the news today?
SKF India Limited (SKFINDIA) is in the news due to the transaction involves an internal restructuring of shareholding within the skf group and does not inherently indicate a positive or negative change in the company's business or financial performance.
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SKF India Promoter AB SKF Sells 52.58% Stake to Subsidiary SKF Interim AB
December 23, 2025, 03:53 PM
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SKF India Limited announced that its promoter, Aktiebolaget SKF (AB SKF), has disposed of 25,992,059 equity shares, representing 52.58% of the company's shareholding. This transaction was an off-market transfer to SKF Interim AB, a wholly-owned subsidiary of AB SKF.
The disclosure was made on 23rd December 2025, in accordance with Regulation 4(1) and Regulation 7(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and paragraph 13.2 (a) of SKF India Limited's Code of Conduct for Prevention of Insider Trading.
The company has enclosed the disclosures received from AB SKF for the record.
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