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SKF India Limited's Board has scheduled a meeting to consider and approve the proposed Scheme of Arrangement for the demerger of its Industrial business, which will be transferred to SKF India (Industrial) Limited, a wholly-owned subsidiary. This strategic move follows a previous in-principle approval and aligns with their broader restructuring goals. The implications for shareholders could be significant, as this demerger aims to streamline operations and potentially enhance focus on core business areas. Investors should stay alert for developments that could influence the company's future value and market positioning.