MoneyWorks4Me

SKF India informs about receipt of order

05 Jun 2025 Evaluate

SKF India has informed that the Company has, on 04th June 2025 received order of Hon’ble NCLT, dated 04th June 2025 (‘Order’), directing the Company to convene the meeting of its equity shareholders for approving the Scheme of Arrangement between SKF India and SKF India (Industrial) and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The details of the meetings, to be convened and held as per the directions of the Hon’ble NCLT, will be notified in due course. The NCLT Order has been uploaded on the website of NCLT at https://nclt.gov.in/. A certified copy of the NCLT Order is yet to be received by the Company. A copy of the Order is enclosed as Annexure -1. The same is also being made available on the Company’s website at https://www.skf.com/in/investors/shareholder-information. 

The above information is a part of company’s filings submitted to BSE.

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