SKF India Limited — Others, 14-07-2025: Shareholders meeting

SKF India's equity shareholders have approved the proposed Scheme of Arrangement, paving the way for the demerger of SKF India Limited into SKF India (Industrial) Limited. This crucial vote, held via video conferencing, saw shareholders pass the special resolution with the necessary majority. The approval signifies a significant step in the corporate restructuring, separating the company's industrial business. This strategic move aims to streamline operations and could reshape the company's future focus and value for investors.