SKF India (Industrial) Limited
ICICI Prudential Mutual Fund has dropped off the latest shareholder list for SKF India (Industrial) Limited, leaving it unclear whether the fund completely exited its previous 1.14 percent stake or trimmed it just below the 1 percent reporting threshold.
A manufacturer of rolling bearings, seals, mechatronics, and lubrication systems, SKF India Industrial operates as a subsidiary of the Swedish multinational SKF Group. The company supplies bearings and integrated solutions to automotive, industrial machinery, and engineering sectors across India. Its product portfolio encompasses precision bearings, mechanical seals, and lubrication systems designed for demanding industrial applications and equipment performance requirements.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.