SKF India Limited — JV/Acquisition, 01-10-2025: Demerger

SKF India's demerger scheme is now officially effective! The company has completed the separation of its industrial business into a new entity, SKF India (Industrial) Limited. This strategic move aims to sharpen focus for both businesses and potentially unlock greater value for shareholders. A record date will be announced soon to determine shareholders' entitlement to shares in the newly formed company. Keep an eye out for updates!