SKF India Limited — JV/Acquisition, 17-10-2025: Demerger

SKF India shareholders, good news! The board of SKF India (Industrial) Limited has approved the allotment of 4.94 crore new shares. These shares, with a face value of ₹10 each, will be distributed to SKF India shareholders who held shares as of October 15. This is part of the demerger separating SKF India and its industrial business. SKF India (Industrial) will be a newly listed entity on BSE and NSE, aiming to unlock value and provide focused operations. Your new shares will be frozen until listing approval.