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SKF India Limited ( (IN:SKFINDIA) ) has issued an announcement.
SKF India Limited announced that SKF Förvaltning AB, a member of its Promoter Group, has disposed of 196,423 equity shares, representing 0.40% of the company’s shareholding, through an off-market transaction with Aktiebolaget SKF, the company’s Promoter. This transaction, conducted under the Insider Trading Regulations, reflects internal shareholding adjustments within the Promoter Group, potentially impacting the company’s market perception and stakeholder interests.
More about SKF India Limited
SKF India Limited operates in the engineering industry, focusing on the production and distribution of bearings, seals, and lubrication systems. The company is part of the global SKF Group, which is a leader in providing solutions for rotating equipment performance.
Average Trading Volume: 3,179
Technical Sentiment Signal: Strong Buy
Current Market Cap: 241.1B INR
For an in-depth examination of SKFINDIA stock, go to TipRanks’ Overview page.