SKF India (Industrial) Limited, established on December 17, 2024, operates as a wholly owned subsidiary of SKF India Limited, providing a focus on industrial applications. The company emerged following a Scheme of Arrangement with its parent, SKF India Limited, which was implemented during FY 2024-25. Under the scheme, the automotive and industrial business segments of SKF India Limited were demerged, transferring the industrial business operations to SKF India (Industrial) Limited. The scheme came into effect on October 1, 2025.
Post reorganization, SKF India (Industrial) Limited specializes in various industrial applications, serving sectors such as railways, aerospace, renewable energy, and advanced machinery. This shift allows the company to concentrate solely on industrial markets, leveraging its expertise in delivering strategic and innovative solutions within these critical industries.
As part of the Scheme of Arrangement, the company issued 4,94,37,963 equity shares, each with a face value of Rs. 10, to the shareholders of SKF India Limited on October 17, 2025. This allocation was in line with the demerger process, ensuring continuity and alignment of stakeholder interests.
This strategic restructuring positions SKF India (Industrial) Limited as a focused player in the industrial space, with growth opportunities in sectors demanding high-performance, reliable solutions.
