SKF India's Promoter Entity Name Changes to SKF Vertevo AB

SKF India Ltd. has informed the BSE about the change in the name of its promoter entity from SKF Interim AB to SKF Vertevo AB. This change is part of a global rebranding initiative following the demerger of the Automotive Business and the Industrial Business. Despite the name change, there is no alteration in the shareholding of the Company or its status as part of the promoter. The Company is updating the new name with other regulatory authorities. This information is disclosed voluntarily as a matter of good governance and abundant caution, and the Company will continue to comply with all applicable disclosure and corporate governance requirements.