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SKF India informs about change in name of promoter entity

25 Mar 2026 Evaluate
SKF India has informed that the name of its promoter entity has been changed from ‘SKF Interim AB’ to ‘SKF Vertevo AB’. This change is part of a broader global rebranding initiative undertaken in connection with the restructuring resulting from the demerger of the Automotive Business and the Industrial Business. The company informed that this modification pertains solely to the name of the entity and does not involve any change in its shareholding in the Company or its status as part of the promoter. The company is also in the process of updating the new name of the promoter company with other regulatory authorities, wherever applicable. Although this change does not qualify as material information under the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company is making this disclosure voluntarily as a matter of good governance and abundant caution. The Company shall continue to comply with all applicable disclosure and corporate governance requirements under the SEBI Listing Regulations and other relevant laws concerning its promoter entity. 

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

SKF India Share Price

1604.80 72.90 (4.76%)
13-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Schaeffler India 4109.90
SKF India (Indl.) 2712.25
Timken India 3257.00
SKF India 1604.80
NRB Bearings 466.90
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