SKF India Ltd. witnessed significant trading activity on the National Stock Exchange (NSE) with a major block trade transaction. The bearing manufacturer recorded substantial institutional interest through this large-volume trade executed outside regular market hours.

Block Trade Details

The transaction details highlight the scale of institutional participation in SKF India's stock:

Understanding Block Trades

Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other significant market participants. These trades are conducted outside the regular trading mechanism to prevent substantial price movements that could occur if such large volumes were traded through normal market orders.

The execution price of ₹1,851.30 per share for this transaction indicates the level at which institutional investors were willing to transact in SKF India's stock. Such trades often reflect confidence in the company's fundamentals or strategic portfolio adjustments by large investors.

Market Implications

The ₹21.38 crore transaction represents meaningful trading activity for SKF India, demonstrating continued institutional interest in the bearing manufacturer's stock. Block trades of this magnitude typically indicate either strategic acquisitions by institutional investors or significant portfolio rebalancing activities.

For retail investors and market observers, such block trades serve as indicators of institutional sentiment and can provide insights into large investor behavior regarding the stock.

Mirae Asset Mutual Fund has increased its shareholding in SKF India through an open market acquisition completed on December 17, 2025. The transaction has been disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The mutual fund acquired 1.90 lakh shares of SKF India through open market purchase. This acquisition represents 0.38% of the company's total share capital and voting rights.

Shareholding Pattern Changes

Following this transaction, Mirae Asset Mutual Fund's total shareholding in SKF India has increased significantly.

Company Information

SKF India's total equity share capital stands at ₹49.44 crores, with the same figure representing the total voting capital.

Regulatory Compliance

The disclosure was filed by Mirae Asset Investment Managers (India) Private Limited on December 18, 2025, through its Head of Compliance, Legal and Company Secretary, Rimmi Jain. The filing ensures compliance with SEBI regulations regarding substantial acquisition of shares and has been submitted to the Bombay Stock Exchange for record-keeping purposes.

This acquisition reflects the mutual fund's continued interest in SKF India, with the increased stake positioning Mirae Asset as a significant institutional investor in the company.