SKF India Limited has announced an off-market inter-se transfer of 25,992,059 equity shares. The transaction involved the transfer of these shares from Aktiebolaget SKF (AB SKF), the promoter, to SKF Interim AB. SKF Interim AB is a wholly-owned subsidiary of AB SKF. The company has received a report along with supporting documents from SKF Interim AB, as required by Regulation 10(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SEBI SAST Regulations). This transaction is considered an inter-se transfer of shares between AB SKF and its wholly-owned subsidiary and falls under the exemption provided by Regulation 10(1)(a)(iii) of the SEBI SAST Regulations.