SKF India Limited Announces Change in Promoter Entity Name
SKF India Limited has informed the National Stock Exchange of India Limited and the BSE Limited that the name of its promoter entity is changing from SKF Interim AB to SKF Vertevo AB.The name change is part of a global rebranding initiative linked to a restructuring process involving the demerger of the Automotive and Industrial Business units. This modification affects only the entity's name and does not alter its shareholding in the company or its status as a promoter.
SKF India Limited is updating the name of the promoter company with other regulatory authorities as required. The company emphasizes that this change does not constitute material information under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure is being made voluntarily as a demonstration of good governance.
SKF India Limited will continue to adhere to all applicable disclosure and corporate governance requirements.
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