Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
SKF India Limited ( (IN:SKFINDIA) ) has shared an announcement.
SKF India Limited has reported a violation of its Code of Conduct for Prevention of Insider Trading by a designated person, Ms. Prajakta Kad, who traded in the company’s equity shares in December and executed a contra-trade within six months of the initial transaction, breaching internal trading rules aligned with SEBI’s insider trading regulations. The incident was reviewed by the company’s Audit Committee on 5 February 2026, following which the company took action in line with regulatory requirements, including issuing a warning letter on 6 February 2026 and filing a formal report of the violation and the action taken with the stock exchanges under the SEBI (Prohibition of Insider Trading) Regulations, 2015, underscoring its commitment to regulatory compliance and internal governance despite the relatively small size of the trades involved.
More about SKF India Limited
SKF India Limited, based in Chinchwad, Pune, operates in the industrial engineering and manufacturing space as part of the global SKF group, supplying bearings, seals, lubrication systems and related solutions to automotive and industrial customers in India and export markets. The company is listed on both the National Stock Exchange of India and BSE, reflecting its position as a key player in the domestic bearings and motion engineering segment.
Average Trading Volume: 4,495
Technical Sentiment Signal: Hold
Current Market Cap: 88.23B INR
For a thorough assessment of SKFINDIA stock, go to TipRanks’ Stock Analysis page.