Listing of Industrial entity expected by November 2025
SKF India Ltd. , India’s leading technology and solutions provider of bearings and units, condition monitoring, and services, has completed the process for demerger of its industrial business. The demerger, aimed at strengthening its Automotive and Industrial businesses as two independent successful entities, has come into effect on October 01, 2025, the company said in a media release. Listing of the Industrial entity is expected by November 2025 (subject to necessary approvals), the company said. Each shareholder of SKF India Limited will receive one fully paid equity share of SKF India (Industrial) Limited for every share held in SKF India Limited, which will continue as the Automotive entity, thereby preserving ownership while offering direct exposure to two complementary growth stories.Mukund Vasudevan, Managing Director, SKF India Limited, said: “This demerger is a defining moment in SKF India’s journey. By creating two focused and independent companies, we are aligning ourselves with India’s twin growth engines— industrialization and mobility. SKF Industrial will strengthen its role as a key backbone of India’s manufacturing growth, infrastructure development, railway network expansion, and renewables (wind) focus. SKF Automotive will scale with the EV, last-mile commercial vehicle and premiumisation wave. This structure strengthens our ability to allocate capital effectively, accelerate innovation, and create distinct value streams for customers and shareholders, while contributing meaningfully to India’s economic transformation.”
