SKF India Shares Jump 2.31% as Company Sets October 15 Record Date for Demerger Allotment

Pune, October 3, 2025: SKF India Limited’s share price was on the rise today, after the company announced that it has set October 15 as the record date to determine eligible shareholders to receive equity shares of SKF India (Industrial) Limited under the recently approved demerger scheme. As of 2:45 PM, the shares were up by 2.31%, or 110 points, and were trading at ₹4,876.20. Until now, the shares have traded within a range of ₹4,950 and ₹4,829.80. The traded volume stood at 85.61 thousand shares, with the company’s market cap at ₹23,563crore. The shares have their 52-week range between ₹3,541 – ₹5,492.60.

SKF India Limited is an Indian company that manufactures products in the Abrasives & Bearings industry. The company is a part of the global SKF Group and was established in 1961. It is headquartered in Pune, Maharashtra. The company’s NSE ticker symbol is SKFINDIA, and the BSE code is 500472.

Company Sets October 15 Record Date for Demerger Allotment

The company announced that it has set October 15 as the record date to determine eligible shareholders to receive equity shares of SKF India (Industrial) Limited under the recently approved demerger scheme. The demerger scheme was sanctioned by the National Company Law Tribunal (NCLT), Mumbai Bench, on October 1. Under the terms of the scheme, SKF India Limited (Demerged Company) will transfer part of its business to SKF India (Industrial) Limited (Resulting Company).

1:1 Ratio For Demerger

SKF India Limited has set a 1:1 ratio for the demerger. This means that shareholders will receive 1 fully paid-up equity share of ₹10 each of SKF Industrial for every 1 fully paid-up equity share of ₹10 held in SKF India. The newly issued shares of SKF Industrial will be listed on both BSE and NSE. However, the listing is subject to necessary regulatory approvals.

REF: https://nsearchives.nseindia.com/corporate/SKFINDIA25_02102025134944_NSE.pdf

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