SKF India Demerger Record Date: Shares of auto components manufacturer SKF India will turn ex-date for demerger today (October 15) as the company prepares to separate its industrial business into a new listed entity.
Under the approved scheme, SKF India is demerging its industrial business as a separately listed company. The name of the resulting company will be SKF India (Industrial) Limited.
Demerger details
The record date for the demerger is October 15, 2025. Under the SKF India demerger scheme, the share ratio has been fixed at 1:1, which means that one share of the resulting company will be issued for every one share held in SKF India, subject to eligibility on the record date.
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Special trading session and share price adjustment
A special trading session will be conducted between 9 AM and 10 AM today to determine the fair value of the shares of the resulting company.
After the session, normal trading in SKF India shares will begin at 10 AM. The share price of SKF India will adjust today on account of the demerger ex-date.
Share credit and listing timeline
Shares of SKF India (Industrial) Limited will be credited to the Demat accounts of eligible shareholders in due course. The company will inform shareholders about the credit of shares through an exchange filing and email communication.
Once the shares are credited, SKF India will announce the listing date of SKF India (Industrial) Limited on NSE and BSE. The listing is expected to take place in November.
Post-demerger structure
After the demerger, SKF India will continue as the automotive entity, while SKF India (Industrial) Limited will focus on growth across manufacturing, railways, renewables, cement, mining, heavy industries, and metals sectors.
SKF India share price
On Tuesday (October 14), SKF India shares closed at Rs 5,040 on NSE and Rs 5,010.75 on BSE.
