SKF India Limited has announced the completion of an off-market inter-se transfer of 25,992,059 equity shares, representing 52.58% of the total shareholding capital. The transfer occurred from Aktiebolaget SKF (AB SKF), the Promoter, to SKF Interim AB, a wholly-owned subsidiary of AB SKF and a member of the Promoter Group. This transaction, which took place on December 22, 2025, is considered an inter-se transfer of shares between related entities. Consequently, it falls under the exemption provided by Regulation 10(1)(a)(iii) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SEBI SAST Regulations), exempting the acquirer from making an open offer. The disclosure under Regulation 10(6) of the SEBI SAST Regulations was filed with the stock exchanges on December 12, 2025, within the stipulated timeline. Prior to the transaction, Aktiebolaget SKF held 52.58% of SKF India's total share capital, while SKF Interim AB held no shares. Post-transaction, SKF Interim AB holds 25,992,059 equity shares, constituting 52.58% of the total share capital, and Aktiebolaget SKF now holds 0% of the total share capital.