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SKF India incorporates wholly owned subsidiary

18 Dec 2024 Evaluate

SKF India has received requisite approval from the Ministry of Corporate Affairs (MCA) for the incorporation of wholly owned subsidiary (WoS) under the name and style of SKF India (Industrial) to carry out the Proposed Demerger of Industrial Business. Additionally, the company has obtained the Certificate of Incorporation dated December 17, 2024 for this newly incorporated WoS. 

SKF India is a leading global supplier of rolling bearing and seals. The company provides products, solutions and services in the areas of rolling bearings, seals, mechatronics, services and lubrications systems.


Peers
Company Name CMP
Schaeffler India 4023.70
Timken India 3250.00
SKF India 1549.40
NRB Bearings 541.25
Menon Bearings 296.55
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