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SKF India Witnesses ₹21.38 Crore Block Trade on NSE at ₹1,851.30 Per Share

SKF India Ltd. executed a significant block trade on NSE worth ₹21.38 crores involving 115,503 shares at ₹1,851.30 per share. This large-volume institutional transaction demonstrates substantial market interest in the bearing manufacturer's stock and reflects typical institutional trading patterns designed to minimize market impact.

23Dec 25

Mirae Asset Mutual Fund Increases Stake in SKF India to 8.65%

Mirae Asset Mutual Fund acquired 1.90 lakh shares (0.38%) of SKF India through open market purchase on December 17, 2025. This acquisition increased Mirae's total shareholding in SKF India from 8.26% to 8.65%. The transaction was disclosed under SEBI regulations.

10Dec 25

Mirae Asset Mutual Fund Acquires 6.32% Stake in SKF India (Industrial) Ltd

Mirae Asset Mutual Fund acquired 31,25,019 shares representing 6.32% stake in SKF India (Industrial) Ltd through open market transactions on December 9, 2025. The acquisition was disclosed under SEBI regulations, with the filing indicating the shareholding resulted from a demerger with SKF India Limited that increased the company's paid-up capital. Prior to this transaction, the mutual fund held no shares in the industrial bearings company.

28Nov 25

SKF India Advances Demerger Plan: Submits Comprehensive Compliance Report to BSE

SKF India Limited has submitted a comprehensive compliance letter to the Bombay Stock Exchange (BSE) addressing 17 key observations regarding its proposed demerger with SKF India (Industrial) Limited. The company has confirmed full compliance with disclosure requirements, regulatory adherence, and shareholder protection measures. The National Company Law Tribunal (NCLT) has directed shareholder approval through e-voting and waived the requirement for unsecured creditors' meetings. SKF India filed its NCLT application on April 9, 2025, within the six-month deadline from BSE's observation letter dated March 28, 2025.

21Nov 25

SKF India Limited Announces Demerger of Automotive Business

SKF India Limited's board has approved a scheme to demerge its automotive business into a separate entity. The strategic move aims to create two focused business entities, enhance operational efficiency, and unlock shareholder value. Shareholders will receive shares in the new company, with the exact allocation ratio yet to be announced. The demerger is subject to regulatory approvals and shareholder consent.

17Nov 25

SKF India Shareholders Approve Key Resolutions in Postal Ballot

SKF India Limited concluded a postal ballot where shareholders approved three important resolutions. These include material related party transactions with SKF India (Industrial) Limited, appointment of Mr. Shailesh Kumar Sharma as Managing Director for a five-year term from October 1, 2025, and appointment of Mr. Mukund Vasudevan as Non-Executive Director. The voting, conducted through remote e-voting from October 17 to November 15, 2025, saw strong shareholder support for all proposals.

17Nov 25

SKF India Shares Rebound as Mutual Funds Boost Stakes

SKF India's stock ended a 10-day losing streak with a 5% gain, driven by increased mutual fund interest. Major funds like HDFC MF, Mirae MF, and ICICI Prudential have significantly increased their holdings, pushing mutual fund ownership to 23.83%. Analyst sentiment is cautiously optimistic, with 5 buy, 3 hold, and 1 sell recommendation.

15Nov 25

SKF India Completes Industrial Unit Demerger, Reports Q2 Results with Exceptional Expenses

SKF India Limited has finalized its Industrial Undertaking demerger and released Q2 2025 financial results. The demerger, effective October 1, 2025, transfers the Industrial Undertaking to SKF India (Industrial) Limited. Q2 results show revenue growth of 5.87% to ₹1,298.40 crore, but profitability was impacted by exceptional demerger expenses of ₹257.40 crore. Net profit decreased by 41.86% to ₹118.20 crore, and EPS fell to ₹23.90. The company's sales grew by 5.75% despite the restructuring process.

15Oct 25

SKF India Shares Adjust 54% Down on Demerger; Actual Market Decline Only 5%

SKF India shares fell 54% to Rs 2,395.85 from Rs 5,010.75 on October 15, primarily due to a price adjustment following the demerger of its automotive and industrial businesses. The actual market-driven fall was about 5%. The demerger, effective October 1, created two entities: SKF India (Automotive) and SKF India (Industrial). Shareholders will receive one share of SKF India (Industrial) for each existing share. The stock hit its lower circuit at Rs 2,276.10. The restructuring aims to create focused organizations with dedicated management teams. SKF India (Industrial) shares are expected to list in November 2024.

13Oct 25

SKF India Seeks Shareholder Approval for Material Related Party Transactions and Leadership Changes

SKF India Limited has issued a postal ballot notice for three key resolutions: approval of material related party transactions with SKF India (Industrial) Limited up to ₹19,355.00 million, appointment of Shailesh Kumar Sharma as Managing Director for five years, and appointment of Mukund Vasudevan as Non-Executive Director. These changes follow the demerger of SKF India's Industrial Business, effective from October 1, 2025. E-voting for shareholders is scheduled from October 17 to November 15, 2025.

30Sept 25

SKF India Announces Management Restructuring with New Appointments

SKF India Limited has announced significant changes to its board and management structure. Mukund Vasudevan has been appointed as a Non-executive Non-Independent Director, effective October 1, 2025, following his resignation as Managing Director. Shailesh Kumar Sharma has been named the new Managing Director for a five-year term. Several other key appointments have been made, including Aashi Arora as Interim CFO, Mayuri Kulkarni as Company Secretary, Alagesan Thasari as Head of Automotive Business, Kshipra Khairnar as Head of Legal Counsel, and Bhavna Panigrahi as Interim HR Head for Automotive India. These changes are part of a broader restructuring initiative related to the company's ongoing demerger.

26Sept 25

NCLT Approves SKF India's Industrial Business Demerger, Creating New Listed Entity

SKF India Limited has obtained NCLT Mumbai Bench approval to demerge its Industrial Business into SKF India (Industrial) Limited. Shareholders will receive one share of the new entity for each SKF India share held. The new company will be listed on BSE and NSE. This strategic move aims to enhance focus, enable independent growth, and improve capital allocation for both automotive and industrial segments. The demerger's effective date will be determined by the boards of both companies.

25Sept 25

SKF India Completes 52.58% Stake Transfer with Comprehensive SEBI Disclosures

SKF India successfully completed its ownership restructuring with the transfer of 52.58% shareholding from AB SKF to its wholly-owned subsidiary SKF Interim AB through an off-market inter-se transfer on December 22, 2025. The transaction involved 25,992,059 equity shares with no monetary consideration and comprehensive regulatory disclosures filed under SEBI SAST Regulations.

05Sept 25

SKF India Approves Q4 Results, Proposes Rs 130 Dividend, and Announces Key Board Changes

SKF India has approved financial results for Q4 and FY 2023-24, proposing a final dividend of Rs 130 per share. The 63rd AGM is scheduled for August 13, 2024, via video conferencing, with July 4, 2024, set as the record date. The Board approved reappointment of two independent directors and appointed various auditors for FY 2024-25. A postal ballot process has been initiated for key appointments, including a new Managing Director.

06Aug 25

SKF India Reports Q1 FY26 Results; Holds 64th AGM

SKF India Limited announced its Q1 FY26 results and held its 64th AGM. Standalone revenue grew 6.38% YoY to ₹12,831.50 million, but profit declined 25.43% to ₹1,186.00 million. The company declared a final dividend of ₹14.50 per share for FY 2024-25. SKF India's FY 2024-25 performance showed revenue growth of 7.65% and PAT increase of 2.54%. The company is progressing with its demerger strategy to separate Automotive and Industrial businesses, scheduled for implementation between Q4 CY24 and Q4 CY25.

22Jul 25

SKF India Shareholders Approve Demerger of Industrial Business

SKF India Limited's equity shareholders have approved a scheme to demerge its industrial business into a new entity, SKF India (Industrial) Limited. The demerger will create two independent companies focusing on automotive and industrial segments respectively. Shareholders will receive one share in the new industrial company for each share held in SKF India Limited. The company expects NCLT approval by September-October 2025 and aims to complete the demerger by Q4 2025. SKF India has increased its annual capital expenditure guidance to ₹350-400 crore for capacity expansion and construction of a new industrial factory. The demerger is expected to drive growth, increase localization, and create more value for shareholders.

14Jul 25

SKF India Shareholders Approve Demerger Plan in NCLT-Convened Meeting

SKF India Limited received shareholder approval for its proposed demerger plan during a special meeting on July 14, 2025. The scheme involves demerging part of SKF India's business into a new entity, SKF India (Industrial) Limited. The meeting, held via video conferencing, saw 59 shareholders representing 2,60,96,069 shares participate. The resolution was passed with overwhelming support, with 99.99% of votes in favor. The company will now seek final approval from the NCLT to implement the demerger.

30Jun 25

SKF India Unveils Rs 1,460 Crore Investment Plan by 2030, Projects Steady EBITDA

SKF India plans to invest up to Rs 1,460 crore by 2030 to enhance manufacturing capabilities across key facilities. The investment will be split between the Industrial Business (Rs 800-950 crore) and Automotive Business (Rs 410-510 crore), focusing on capacity increases in Haridwar, Pune, and Bangalore plants. The company projects EBITDA ranges of 16% to 18% for the Industrial segment and 17% to 19% for the Automotive segment over the next three years.

20May 25

SKF India Unveils Ambitious Plans to Double Capital Expenditure

SKF India, a leading manufacturer of bearings and lubrication systems, announces plans to double its capital expenditure from the current Rs 130-150 crores over the next 2-3 years. The company anticipates margin expansion across both business segments in the next three years. This increased investment aims to strengthen manufacturing capabilities and enhance market position, reflecting SKF India's commitment to long-term growth and competitiveness in the Indian market.

16May 25

SKF India: Q4 Profit Surges 20%, Declares Dividend

SKF India, a leading bearings manufacturer, reported strong Q4 results with net profit rising 20% to ₹275.65 crore. Revenue slightly increased to ₹1,213.40 crore, while EBITDA grew 33% to ₹284.00 crore. The company declared a final dividend of ₹14.50 per share. Shares surged 9% on the results announcement, reflecting investor confidence in the company's improved profitability and operational efficiency.

04Apr 25

SKF India Shares: Block Trade Worth ₹18.07 Crore Executed on NSE

A significant block trade of SKF India Ltd. shares occurred on the NSE, involving 47,934 shares at ₹3,770.00 per share, totaling ₹18.07 crore. This large transaction has drawn market attention, potentially indicating shifts in investor positions or strategic moves by institutional players.