SKF India announced on Wednesday the successful completion of its industrial business demerger. The newly independent industrial entity is slated to be listed by November, which the company anticipates will unlock value for shareholders. For every share held in SKF India , shareholders will receive one share of SKF India (Industrial).

The demerger allows SKF India to maintain its automotive operations while providing shareholders direct access to two complementary growth sectors. Effective October 1, SKF India will continue as the automotive entity, while SKF Industrial aims to establish itself as a strong, independent business focused on industrial growth.

Dedicated capital for automotive and industrial

SKF Industrial plans to invest between ₹800 crore and ₹950 crore by 2030, whi

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