Pune, 2nd October 2025 – SKF India Limited has announced that 15th October 2025 has been fixed as the Record Date for shareholders eligible to receive equity shares of its newly formed entity, SKF India (Industrial) Limited, following the approval of its Scheme of Arrangement by the National Company Law Tribunal (NCLT), Mumbai Bench.
SKF India Limited is splitting part of its business into a new entity, SKF India (Industrial) Limited.
Under the Scheme, shareholders of SKF India will receive 1 fully paid-up equity share of INR 10 each in SKF Industrial for every 1 equity share held in SKF India. The shares issued by SKF Industrial are expected to be listed on both BSE and NSE, subject to regulatory approvals.
This move marks a strategic restructuring aimed at streamlining operations and creating value for shareholders. Eligible shareholders are those recorded in the company’s register or depository records as on the Record Date.
Key Highlights:
- Record Date: 15th October 2025
- Allotment Ratio: 1:1 (SKF Industrial : SKF India)
- Listing: Proposed on BSE & NSE
Investors and shareholders should note the Record Date to ensure they receive the allotted equity shares.
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