SKF India Ltd. - Regulatory Filings 2023

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Date: 17[th] May 2023

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National Stock Exchange of India BSE Limited,
Limited, Phiroze Jeejeebhoy
Exchange Plaza, 5 [th] Towers, Dalal Street,
Floor, Plot No. C-1, G Fort
Block, Bandra- Kurla Mumbai – 400001, Maharashtra, India
Complex, Bandra (East),
Mumbai – 400051,
Maharashtra, India
NSE Scrip Code – SKFINDIA BSE Scrip Code -500472
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Dear Sirs/Madam,

Sub: Disclosure of Related Party Transactions pursuant to Regulation 23 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for half year ended 31[st] March 2023

Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015 and SEBI Circular No SEBI/HO/CFD/CMD1/CIR/P/2021/662 dated 22[nd] November 2021, please find enclosed herewith disclosure of related party transactions for the half-year ended 31[st] March 2023.

Please note, the above-mentioned disclosure in XBRL form is submitted today with stock exchanges.

We request you to take the above information on record and disseminate same on your respective websites.

Thanking you,

Yours faithfully, SKF India Limited Digitally signed by RANJAN RANJAN KUMAR DN: cn=RANJAN KUMAR, c=IN, o =PERSONAL, email=ranjan. [email protected] KUMAR Date: 2023.05.17 19:48:51 +05'30' ________

Ranjan Kumar Company Secretary & Compliance Officer

SKF India Limited

Registered Office: Chinchwad, Pune 411 033, Maharashtra, India Tel: +91 (20) 6611 2500. Web: www.skf.com, www.skfindia.com email id: [email protected] CIN: L29130PN1961PLC213113

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Sheet1

SKF India Limited

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Disclosure of Related Party Transactions for the half year ended March 31, 2023
Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments
made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party Value of the
(listed entity related party Value of
/subsidiary) transaction as Remarks on transaction In case monies are due to In case any financial indebtedness is incurred to make or
entering into the Type of related party Details of other related party approved by the approval by during the either party as a result of give loans, inter-corporate deposits, advances or
Sr No. transaction Details of the counterparty transaction transaction audit committee audit committee reporting period the transaction investments Details of the loans, inter-corporate deposits, advances or investments
Purpose for which the funds
Nature of indebtedness Details of Nature (loan/ advance/ will be utilised by the
Relationship of the counterparty with the listed Opening Closing (loan/ issuance of debt/ other intercorporate deposit/ Interest Secured/ ultimate recipient of funds
Name entity or its subsidiary balance balance any other etc.) indebtedness Cost Tenure investment ) Rate (%) Tenure unsecured (endusage)
Fellow subsidiary co (under the common control of
1 SKF INDIA LTD SKF GMBH AB SKF) Any other transaction Administrative & Service Fees 1.7 NA 1.7 0.00 0.00
Fellow subsidiary co (under the common control of
2 SKF INDIA LTD SKF Sverige AB AB SKF) Any other transaction Administrative & Service Fees 2.0 NA 2.0 0.00 0.00
Fellow subsidiary co (under the common control of
3 SKF INDIA LTD SKF OESTERREICH AG AB SKF) Any other transaction Administrative & Service Fees 0.0 NA 0.0 0.00 0.00
Fellow subsidiary co (under the common control of
4 SKF INDIA LTD SKF Metal Stamping S.r.l. AB SKF) Any other transaction Administrative & Service Fees 0.0 NA 0.0 0.00 0.00
5 SKF INDIA LTD SKF AB SWEDEN Ultimate Parent Entity Any other transaction Administrative & Service Fees 4.4 NA 4.4 0.00 0.00
SKF International AB (Treasury Fellow subsidiary co (under the common control of
6 SKF INDIA LTD Centre), Göteborg AB SKF) Any other transaction Administrative & Service Fees 9.7 NA 9.7 0.00 0.00
Fellow subsidiary co (under the common control of
7 SKF INDIA LTD SKF FRANCE S.A. AB SKF) Any other transaction Administrative & Service Fees 0.1 NA 0.1 0.00 0.00
Fellow subsidiary co (under the common control of
8 SKF INDIA LTD SKF Australia PTY Ltd.S GS AB SKF) Any other transaction Administrative & Service Fees 1.1 NA 1.1 0.00 0.00
LIMITED PROVIDENT FUND Fellow subsidiary co (under the common control of Contribution to Provident Fund
9 SKF INDIA LTD SCHEME AB SKF) Any other transaction Trust 105.4 NA 105.4 0.00 0.00
SKF Engineering and Fellow subsidiary co (under the common control of Interest Income on Loan to
10 SKF INDIA LTD Lubrication AB SKF) Any other transaction related party 28.0 NA 28.0 0.00 0.00
11 SKF INDIA LTD SKF AB SWEDEN Ultimate Parent Entity Any other transaction IT Services 144.6 NA 144.6 0.00 0.00
Fellow subsidiary co (under the common control of
12 SKF INDIA LTD SKF GMBH AB SKF) Purchase of fixed assets 0.4 NA 0.4 0.00 0.00
Fellow subsidiary co (under the common control of
13 SKF INDIA LTD SKF OESTERREICH AG AB SKF) Purchase of fixed assets 25.2 NA 25.2 0.00 0.00
SKF Engineering and Fellow subsidiary co (under the common control of
14 SKF INDIA LTD Lubrication AB SKF) Purchase of fixed assets 1.8 NA 1.8 0.00 0.00
SKF ESPANOLA S.A., INT. Fellow subsidiary co (under the common control of
15 SKF INDIA LTD MARK. AB SKF) Purchase of fixed assets 18.0 NA 18.0 0.00 0.00
SKF BEARING INDUSTRIES Fellow subsidiary co (under the common control of
16 SKF INDIA LTD SDN BHD AB SKF) Purchase of fixed assets 9.7 NA 9.7 0.00 0.00
SKF (Jinan) Bearing & Fellow subsidiary co (under the common control of
17 SKF INDIA LTD Precision Technology Co. Ltd. AB SKF) Purchase of fixed assets 6.6 NA 6.6 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
18 SKF INDIA LTD SKF GMBH AB SKF) services 2,141.5 NA 2,141.5 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
19 SKF INDIA LTD SKF INDUSTRIE SPA AB SKF) services 567.7 NA 567.7 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
20 SKF INDIA LTD SKF Sverige AB AB SKF) services 916.8 NA 916.8 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
21 SKF INDIA LTD SKF USA Inc AB SKF) services 144.6 NA 144.6 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
22 SKF INDIA LTD SKF Argentina S.A. AB SKF) services 2.7 NA 2.7 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
23 SKF INDIA LTD SKF OESTERREICH AGS ( c a g) ea gs a d AB SKF) services 21.1 NA 21.1 0.00 0.00
Precision Technologies Co, Fellow subsidiary co (under the common control of Purchase of goods or
24 SKF INDIA LTD Ltd. AB SKF) services 341.3 NA 341.3 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
25 SKF INDIA LTD SKF Metal Stamping S.r.l. AB SKF) services 0.1 NA 0.1 0.00 0.00
SKF Engineering and Fellow subsidiary co (under the common control of Purchase of goods or
26 SKF INDIA LTD Lubrication AB SKF) services 1,561.2 NA 1,561.2 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
27 SKF INDIA LTD KAYDON CORPORATION AB SKF) services 1.5 NA 1.5 0.00 0.00
Purchase of goods or
28 SKF INDIA LTD SKF (U.K.) Limited Subsidiaries of Holding Company services 30.8 NA 30.8 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
29 SKF INDIA LTD SKF FRANCE S.A. AB SKF) services 569.5 NA 569.5 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
30 SKF INDIA LTD RKS S.A.S AB SKF) services 6.5 NA 6.5 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
31 SKF INDIA LTD RFT SPA AB SKF) services 34.2 NA 34.2 0.00 0.00
SKF BEARINGS BULGARIA Fellow subsidiary co (under the common control of Purchase of goods or
32 SKF INDIA LTD EAD AB SKF) services 39.8 NA 39.8 0.00 0.00
SKF European Distribution Fellow subsidiary co (under the common control of Purchase of goods or
33 SKF INDIA LTD Centre (EDC), Tongeren AB SKF) services 334.9 NA 334.9 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
34 SKF INDIA LTD SKF DE MEXICO S.A.DE C.V. AB SKF) services 12.2 NA 12.2 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
35 SKF INDIA LTD SKF DO BRAZIL LTDA AB SKF) services 0.5 NA 0.5 0.00 0.00
Peer Bearing Company- Fellow subsidiary co (under the common control of Purchase of goods or
36 SKF INDIA LTD Changshan AB SKF) services 32.8 NA 32.8 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
37 SKF INDIA LTD SKF Asia Pacific Pte Ltd AB SKF) services 570.3 NA 570.3 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
38 SKF INDIA LTD SKF KOREA LTD. AB SKF) services 6.0 NA 6.0 0.00 0.00
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ASHISH

SARAF

Digitally signed by ASHISH

SARAF

DN: cn=ASHISH SARAF, c=IN, o= Personal, email=ASHISH.SARAF @SKF.COM

Date: 2023.05.17 19:47:21 +05'30'

5/17/2023 7:28 PM

Related Party Transaction Report_Sept 2022 to Mar 2023_Print.xlsm

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Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments
made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party Value of the
(listed entity related party Value of
/subsidiary) transaction as Remarks on transaction In case monies are due to In case any financial indebtedness is incurred to make or
entering into the Type of related party Details of other related party approved by the approval by during the either party as a result of give loans, inter-corporate deposits, advances or
Sr No. transaction Details of the counterparty transaction transaction audit committee audit committee reporting period the transaction investments Details of the loans, inter-corporate deposits, advances or investments
Purpose for which the funds
Nature of indebtedness Details of Nature (loan/ advance/ will be utilised by the
Relationship of the counterparty with the listed Opening Closing (loan/ issuance of debt/ other intercorporate deposit/ Interest Secured/ ultimate recipient of funds
Name entity or its subsidiary balance balance any other etc.) indebtedness Cost Tenure investment ) Rate (%) Tenure unsecured (endusage)
SKF BEARING INDUSTRIES Fellow subsidiary co (under the common control of Purchase of goods or
39 SKF INDIA LTD SDN BHD AB SKF) services 0.3 NA 0.3 0.00 0.00
SKF SEALING SOLUTIONS ( Fellow subsidiary co (under the common control of Purchase of goods or
40 SKF INDIA LTD WUHU ) CO LTD AB SKF) services 2.5 NA 2.5 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
41 SKF INDIA LTD PT SKF INDONESIA AB SKF) services 0.6 NA 0.6 0.00 0.00
SKF Sealing Solutions Korea Fellow subsidiary co (under the common control of Purchase of goods or
42 SKF INDIA LTD Co Ltd AB SKF) services 0.7 NA 0.7 0.00 0.00
SKF (Shanghai) Automotive Fellow subsidiary co (under the common control of Purchase of goods or
43 SKF INDIA LTD Technologies Co Ltd AB SKF) services 1.3 NA 1.3 0.00 0.00
SKF(DALIAN) BEARINGS & Fellow subsidiary co (under the common control of Purchase of goods or
44 SKF INDIA LTD PREC.CO AB SKF) services 285.7 NA 285.7 0.00 0.00
SKF (Jinan) Bearing & Fellow subsidiary co (under the common control of Purchase of goods or
45 SKF INDIA LTD Precision Technology Co. Ltd. AB SKF) services 17.8 NA 17.8 0.00 0.00
SKF Distribution Shanghai Co Fellow subsidiary co (under the common control of Purchase of goods or
46 SKF INDIA LTD Ltd AB SKF) services 134.6 NA 134.6 0.00 0.00
SKF Sealing Solutions Austria Fellow subsidiary co (under the common control of Purchase of goods or
47 SKF INDIA LTD GmbH AB SKF) services 18.6 NA 18.6 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
48 SKF INDIA LTD SKF Economos India Pvt. Ltd AB SKF) services - NA - 0.00 0.00
Fellow subsidiary co (under the common control of Purchase of goods or
49 SKF INDIA LTD SKF Recondoil AB AB SKF) services - NA - 0.00 0.00
SKF Bearing Services Taiwan, Fellow subsidiary co (under the common control of Purchase of goods or
50 SKF INDIA LTD Taipei AB SKF) services (0.0) NA (0.0) 0.00 0.00
Fellow subsidiary co (under the common control of
51 SKF INDIA LTD SKF GMBH AB SKF) Any other transaction Reimbursements Paid 1.0 NA 1.0 0.00 0.00
Fellow subsidiary co (under the common control of
52 SKF INDIA LTD SKF GMBH AB SKF) Any other transaction Reimbursements Received (0.2) NA (0.2) 0.00 0.00
Fellow subsidiary co (under the common control of
53 SKF INDIA LTD SKF INDUSTRIE SPA AB SKF) Any other transaction Reimbursements Received (0.3) NA (0.3) 0.00 0.00
Fellow subsidiary co (under the common control of
54 SKF INDIA LTD SKF USA Inc AB SKF) Any other transaction Reimbursements Received 6.9 NA 6.9 0.00 0.00
Fellow subsidiary co (under the common control of
55 SKF INDIA LTD SKF Argentina S.A. AB SKF) Any other transaction Reimbursements Received (5.4) NA (5.4) 0.00 0.00
Fellow subsidiary co (under the common control of
56 SKF INDIA LTD SKF OESTERREICH AG AB SKF) Any other transaction Reimbursements Received 5.5 NA 5.5 0.00 0.00
SKF Engineering and Fellow subsidiary co (under the common control of
57 SKF INDIA LTD Lubrication AB SKF) Any other transaction Reimbursements Received 20.8 NA 20.8 0.00 0.00
58 SKF INDIA LTD SKF AB SWEDEN Ultimate Parent Entity Any other transaction Reimbursements Received (0.2) NA (0.2) 0.00 0.00
SKF BEARINGS BULGARIA Fellow subsidiary co (under the common control of
59 SKF INDIA LTD EAD AB SKF) Any other transaction Reimbursements Received 2.6 NA 2.6 0.00 0.00
SKF BEARING INDUSTRIES Fellow subsidiary co (under the common control of
60 SKF INDIA LTD SDN BHD AB SKF) Any other transaction Reimbursements Received (2.1) NA (2.1) 0.00 0.00
Fellow subsidiary co (under the common control of
61 SKF INDIA LTD SKF Australia PTY Ltd. AB SKF) Any other transaction Reimbursements Received 0.5 NA 0.5 0.00 0.00
Fellow subsidiary co (under the common control of
62 SKF INDIA LTD SKF Economos India Pvt. Ltd AB SKF) Any other transaction Reimbursements Received (0.1) NA (0.1) 0.00 0.00
SKF Engineering and Fellow subsidiary co (under the common control of Rent Income on leased
63 SKF INDIA LTD Lubrication AB SKF) Any other transaction property 19.2 NA 19.2 0.00 0.00
64 SKF INDIA LTD SKF AB SWEDEN Ultimate Parent Entity Any other transaction Royalty 335.5 NA 335.5 0.00 0.00
Fellow subsidiary co (under the common control of
65 SKF INDIA LTD SKF GMBH AB SKF) Sale of goods or services 172.9 NA 172.9 0.00 0.00
Fellow subsidiary co (under the common control of
66 SKF INDIA LTD SKF INDUSTRIE SPA AB SKF) Sale of goods or services 26.7 NA 26.7 0.00 0.00
Fellow subsidiary co (under the common control of
67 SKF INDIA LTD SKF Sverige AB AB SKF) Sale of goods or services 32.9 NA 32.9 0.00 0.00
Fellow subsidiary co (under the common control of
68 SKF INDIA LTD SKF USA Inc AB SKF) Sale of goods or services 157.1 NA 157.1 0.00 0.00
Fellow subsidiary co (under the common control of
69 SKF INDIA LTD SKF Argentina S.A. AB SKF) Sale of goods or services 8.7 NA 8.7 0.00 0.00
Fellow subsidiary co (under the common control of
70 SKF INDIA LTD SKF OESTERREICH AG AB SKF) Sale of goods or services 0.1 NA 0.1 0.00 0.00
SKF Engineering and Fellow subsidiary co (under the common control of
71 SKF INDIA LTD Lubrication AB SKF) Sale of goods or services 12.9 NA 12.9 0.00 0.00
Fellow subsidiary co (under the common control of
72 SKF INDIA LTD SKF MEKAN AB AB SKF) Sale of goods or services - NA - 0.00 0.00
Fellow subsidiary co (under the common control of
73 SKF INDIA LTD SKF Eurotrade AB AB SKF) Sale of goods or services - NA - 0.00 0.00
Fellow subsidiary co (under the common control of
74 SKF INDIA LTD Oy SKF AB AB SKF) Sale of goods or services - NA - 0.00 0.00
75 SKF INDIA LTD SKF (U.K.) Limited Subsidiaries of Holding Company Sale of goods or services 0.3 NA 0.3 0.00 0.00
Fellow subsidiary co (under the common control of
76 SKF INDIA LTD SKF FRANCE S.A. AB SKF) Sale of goods or services 31.4 NA 31.4 0.00 0.00
Fellow subsidiary co (under the common control of
77 SKF INDIA LTD SKF BELGIUM NV SA AB SKF) Sale of goods or services - NA - 0.00 0.00
SKF ESPANOLA S.A., INT. Fellow subsidiary co (under the common control of
78 SKF INDIA LTD MARK. AB SKF) Sale of goods or services - NA - 0.00 0.00
Digitally signed by ASHISH
ASHISH SARAF
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DN: cn=ASHISH SARAF, c=IN, o= Personal, email=ASHISH.SARAF @SKF.COM

SARAF

Date: 2023.05.17 19:47:43 +05'30'

5/17/2023 7:28 PM

Related Party Transaction Report_Sept 2022 to Mar 2023_Print.xlsm

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Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments
made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party Value of the
(listed entity related party Value of
/subsidiary) transaction as Remarks on transaction In case monies are due to In case any financial indebtedness is incurred to make or
entering into the Type of related party Details of other related party approved by the approval by during the either party as a result of give loans, inter-corporate deposits, advances or
Sr No. transaction Details of the counterparty transaction transaction audit committee audit committee reporting period the transaction investments Details of the loans, inter-corporate deposits, advances or investments
Purpose for which the funds
Nature of indebtedness Details of Nature (loan/ advance/ will be utilised by the
Relationship of the counterparty with the listed Opening Closing (loan/ issuance of debt/ other intercorporate deposit/ Interest Secured/ ultimate recipient of funds
Name entity or its subsidiary balance balance any other etc.) indebtedness Cost Tenure investment ) Rate (%) Tenure unsecured (endusage)
Fellow subsidiary co (under the common control of
79 SKF INDIA LTD SKF CZ a.s. AB SKF) Sale of goods or services 0.3 NA 0.3 0.00 0.00
SKF BEARINGS BULGARIA Fellow subsidiary co (under the common control of
80 SKF INDIA LTD EAD AB SKF) Sale of goods or services 0.0 NA 0.0 0.00 0.00
SKF European Distribution Fellow subsidiary co (under the common control of
81 SKF INDIA LTD Centre (EDC), Tongeren AB SKF) Sale of goods or services 250.8 NA 250.8 0.00 0.00
Fellow subsidiary co (under the common control of
82 SKF INDIA LTD SKF Canada Ltd AB SKF) Sale of goods or services 21.5 NA 21.5 0.00 0.00
Fellow subsidiary co (under the common control of
83 SKF INDIA LTD SKF DE MEXICO S.A.DE C.V. AB SKF) Sale of goods or services 65.3 NA 65.3 0.00 0.00
SKF Sealing Solutions, S.A. Fellow subsidiary co (under the common control of
84 SKF INDIA LTD DE C.V (DOH) AB SKF) Sale of goods or services - NA - 0.00 0.00
Fellow subsidiary co (under the common control of
85 SKF INDIA LTD SKF Latin Trade S.A. AB SKF) Sale of goods or services 9.9 NA 9.9 0.00 0.00
Fellow subsidiary co (under the common control of
86 SKF INDIA LTD SKF del Peru S.A. AB SKF) Sale of goods or services - NA - 0.00 0.00
Fellow subsidiary co (under the common control of
87 SKF INDIA LTD SKF DO BRAZIL LTDA AB SKF) Sale of goods or services 79.1 NA 79.1 0.00 0.00
SKF TÜRK SANAYI VE Fellow subsidiary co (under the common control of
88 SKF INDIA LTD TICARET LIMITED AB SKF) Sale of goods or services 48.0 NA 48.0 0.00 0.00
Fellow subsidiary co (under the common control of
89 SKF INDIA LTD SKF Asia Pacific Pte Ltd AB SKF) Sale of goods or services 87.2 NA 87.2 0.00 0.00
Fellow subsidiary co (under the common control of
90 SKF INDIA LTD SKF (Thailand) Ltd, Bangkok AB SKF) Sale of goods or services 96.8 NA 96.8 0.00 0.00
Fellow subsidiary co (under the common control of
91 SKF INDIA LTD SKF (Thailand) Limited (COH) AB SKF) Sale of goods or services 0.2 NA 0.2 0.00 0.00
Fellow subsidiary co (under the common control of
92 SKF INDIA LTD SKF Japan Ltd., Tokyo AB SKF) Sale of goods or services - NA - 0.00 0.00
Fellow subsidiary co (under the common control of
93 SKF INDIA LTD SKF PHILLIPINES INC AB SKF) Sale of goods or services - NA - 0.00 0.00
Fellow subsidiary co (under the common control of
94 SKF INDIA LTD SKF MALAYSIA SDN.BHD. AB SKF) Sale of goods or services - NA - 0.00 0.00
Fellow subsidiary co (under the common control of
95 SKF INDIA LTD PT SKF INDONESIA AB SKF) Sale of goods or services 22.0 NA 22.0 0.00 0.00
Fellow subsidiary co (under the common control of
96 SKF INDIA LTD SKF VIETNAM CO LTD AB SKF) Sale of goods or services 8.5 NA 8.5 0.00 0.00
Fellow subsidiary co (under the common control of
97 SKF INDIA LTD PT SKEFINDO PRIMATAMA AB SKF) Sale of goods or services 154.6 NA 154.6 0.00 0.00
SKF (Shanghai) Automotive Fellow subsidiary co (under the common control of
98 SKF INDIA LTD Technologies Co Ltd AB SKF) Sale of goods or services (5.1) NA (5.1) 0.00 0.00
Fellow subsidiary co (under the common control of
99 SKF INDIA LTD SKF (China) Sales Co Ltd AB SKF) Sale of goods or services 3.9 NA 3.9 0.00 0.00
SKF(DALIAN) BEARINGS & Fellow subsidiary co (under the common control of
100 SKF INDIA LTD PREC.CO AB SKF) Sale of goods or services - NA - 0.00 0.00
SKF Distribution Shanghai Co Fellow subsidiary co (under the common control of
101 SKF INDIA LTD Ltd AB SKF) Sale of goods or services 57.1 NA 57.1 0.00 0.00
Fellow subsidiary co (under the common control of
102 SKF INDIA LTD SKF Australia PTY Ltd. AB SKF) Sale of goods or services 23.9 NA 23.9 0.00 0.00
SKF SOUTH AFRICA (PTY) Fellow subsidiary co (under the common control of
103 SKF INDIA LTD LTD. AB SKF) Sale of goods or services 9.6 NA 9.6 0.00 0.00
Fellow subsidiary co (under the common control of
104 SKF INDIA LTD SKF Economos India Pvt. Ltd AB SKF) Sale of goods or services (0.2) NA (0.2) 0.00 0.00
Fellow subsidiary co (under the common control of
105 SKF INDIA LTD SKF B.V. AB SKF) Sale of goods or services - NA - 0.00 0.00
Fellow subsidiary co (under the common control of
106 SKF INDIA LTD SKF Recondoil AB AB SKF) Sale of goods or services 0.4 NA 0.4 0.00 0.00
Fellow subsidiary co (under the common control of
107 SKF INDIA LTD SKF GMBH AB SKF) Any other transaction Technical & Service Income 0.3 NA 0.3 0.00 0.00
Fellow subsidiary co (under the common control of
108 SKF INDIA LTD SKF GMBH AB SKF) Any other transaction Technical & Service Income 0.3 NA 0.3 0.00 0.00
Fellow subsidiary co (under the common control of
109 SKF INDIA LTD SKF USA Inc AB SKF) Any other transaction Technical & Service Income 0.3 NA 0.3 0.00 0.00
SKF Engineering and Fellow subsidiary co (under the common control of
110 SKF INDIA LTD Lubrication AB SKF) Any other transaction Technical & Service Income 1.7 NA 1.7 0.00 0.00
Blohm Voss Industries Fellow subsidiary co (under the common control of
111 SKF INDIA LTD (Singapore) Pte Ltd AB SKF) Any other transaction Technical & Service Income 0.5 NA 0.5 0.00 0.00
Fellow subsidiary co (under the common control of
112 SKF INDIA LTD KAYDON CORPORATION AB SKF) Any other transaction Technical & Service Income 0.0 NA 0.0 0.00 0.00
Fellow subsidiary co (under the common control of
113 SKF INDIA LTD SKF AB SWEDEN AB SKF) Any other transaction Technical & Service Income 198.2 NA 198.2 0.00 0.00
114 SKF INDIA LTD SKF (U.K.) Limited Subsidiaries of Holding Company Any other transaction Technical & Service Income 0.0 NA 0.0 0.00 0.00
Fellow subsidiary co (under the common control of
115 SKF INDIA LTD SKF Canada Ltd AB SKF) Any other transaction Technical & Service Income 0.0 NA 0.0 0.00 0.00
SKF TECHNOLOGIES Fellow subsidiary co (under the common control of
116 SKF INDIA LTD (INDIA) PVT LTD AB SKF) Any other transaction Technical & Service Income 5.9 NA 5.9 0.00 0.00
Fellow subsidiary co (under the common control of
117 SKF INDIA LTD SKF Asia Pacific Pte Ltd AB SKF) Any other transaction Technical & Service Income 5.9 NA 5.9 0.00 0.00
Fellow subsidiary co (under the common control of
118 SKF INDIA LTD SKF (Thailand) Ltd, Bangkok AB SKF) Any other transaction Technical & Service Income 4.3 NA 4.3 0.00 0.00
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ASHISH

SARAF

Digitally signed by ASHISH SARAF

DN: cn=ASHISH SARAF, c=IN, o= Personal, email=ASHISH.SARAF @SKF.COM

Date: 2023.05.17 19:47:51 +05'30'

5/17/2023 7:28 PM

Related Party Transaction Report_Sept 2022 to Mar 2023_Print.xlsm

4 (7)

Sheet1

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Digitally signed by ASHISH ASHISH SARAF DN: cn=ASHISH SARAF, c=IN, o= Personal, email=ASHISH.SARAF SARAF @SKF.COMDate: 2023.05.17 19:47:59 +05'30'

5/17/2023 7:28 PM

Related Party Transaction Report_Sept 2022 to Mar 2023_Print.xlsm

5 (7)

Sheet1

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----- Start of picture text -----

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments
made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party Value of the
(listed entity related party Value of
/subsidiary) transaction as Remarks on transaction In case monies are due to In case any financial indebtedness is incurred to make or
entering into the Type of related party Details of other related party approved by the approval by during the either party as a result of give loans, inter-corporate deposits, advances or
Sr No. transaction Details of the counterparty transaction transaction audit committee audit committee reporting period the transaction investments Details of the loans, inter-corporate deposits, advances or investments
Purpose for which the funds
Nature of indebtedness Details of Nature (loan/ advance/ will be utilised by the
Relationship of the counterparty with the listed Opening Closing (loan/ issuance of debt/ other intercorporate deposit/ Interest Secured/ ultimate recipient of funds
Name G atu ty a ou t pa d to entity or its subsidiary balance balance any other etc.) indebtedness Cost Tenure investment ) Rate (%) Tenure unsecured (endusage)
employees received back from Reimbursement from Gratuity
139 SKF INDIA LTD Trust ( HO)G atu ty a ou t pa d to Any other transaction Trust ( HO) 157.9 NA 157.9 0.00 0.00
employees received back from Reimbursement from Gratuity
140 SKF INDIA LTD Trust ( Bglr) Any other transaction Trust ( Bglr)Co t but o to S ea gs 34.3 NA 34.3 0.00 0.00
India Limited Employees
141 SKF INDIA LTD Employee Gratuity Fund Any other transaction Gratuity Fund 81.1 NA 81.1 0.00 0.00
142 SKF INDIA LTD SKF AB SWEDEN Ultimate Parent Entity Dividend paid 328.7 NA 328.7 0.00 0.00
143 SKF INDIA LTD SKF (U.K.) Limited Subsidiaries of Holding Company Dividend paid 45.4 NA 45.4 0.00 0.00
Fellow subsidiary co (under the common control of
144 SKF INDIA LTD SKF FORVALTNING AB AB SKF) Dividend paid 2.8 NA 2.8 0.00 0.00
145 SKF INDIA LTD Manish Bhatnagar Managing Director Any other transaction Managerial Remuneration 44.2 NA 44.2 0.00 0.00
146 SKF INDIA LTD Shailesh Sharma Whole Time Director Any other transaction Managerial Remuneration 16.4 NA 16.4 0.00 0.00
147 SKF INDIA LTD Ranjan Kumar Company Secretary Any other transaction Managerial Remuneration 9.6 NA 9.6 0.00 0.00
148 SKF INDIA LTD Ashish Saraf Chief Financial Officer Any other transaction Managerial Remuneration 7.4 NA 7.4 0.00 0.00
149 SKF INDIA LTD Director Sitting Fees Any other transaction Director Sitting Fees 1.3 NA 1.3 0.00 0.00
150 SKF INDIA LTD Anu Wakhlu Independent Director Any other transaction Director's commission 3.4 NA 3.4 0.00 0.00
151 SKF INDIA LTD Gopal Subramanyam Chairman and Independent Director Any other transaction Director's commission 2.8 NA 2.8 0.00 0.00
Investment in Associate
152 SKF INDIA LTD CleanMax Taiyo Private Limited Investment in Associate Company Any other transaction Company 0.0 NA 0.0 0.00 0.00
SKF Engineering and Fellow subsidiary co (under the common control of
153 SKF INDIA LTD Lubrication AB SKF) Any other transaction Intercoprate Loan and Deposits 180.0 NA 180.0 0.00 0.00
SKF Engineering and Fellow subsidiary co (under the common control of
154 SKF INDIA LTD Lubrication AB SKF) Any other transaction Trade advance given (2,110.0) NA (2,110.0) 0.00 0.00
SKF Engineering and Fellow subsidiary co (under the common control of Trade advance adjusted againt
155 SKF INDIA LTD Lubrication AB SKF) Any other transaction purchase 2,110.0 NA 2,110.0 0.00 0.00
Fellow subsidiary co (under the common control of
156 SKF INDIA LTD SKF GMBH AB SKF) Any other transaction Trade receivables - NA - 0.87 1.15
Fellow subsidiary co (under the common control of
157 SKF INDIA LTD SKF INTERNATIONAL AB AB SKF) Any other transaction Trade receivables - NA - 562.57 419.97
Fellow subsidiary co (under the common control of
158 SKF INDIA LTD SKF DO BRASIL LTDA AB SKF) Any other transaction Trade receivables - NA - 0.00 0.00
SKF TURK SANAYI VE Fellow subsidiary co (under the common control of
159 SKF INDIA LTD TICARET LIMITED AB SKF) Any other transaction Trade receivables - NA - 17.86 19.21
Fellow subsidiary co (under the common control of
160 SKF INDIA LTD SKF ASIA PACIFIC PTE. LTD. AB SKF) Any other transaction Trade receivables - NA - 3.12 0.00
Fellow subsidiary co (under the common control of
161 SKF INDIA LTD SKF (THAILAND) LIMITED AB SKF) Any other transaction Trade receivables - NA - 2.21 0.00
Fellow subsidiary co (under the common control of
162 SKF INDIA LTD SKF PHILIPPINES INC. AB SKF) Any other transaction Trade receivables - NA - 0.26 0.00
SKF BEARING INDUSTRIES Fellow subsidiary co (under the common control of
163 SKF INDIA LTD SDN.BHD. AB SKF) Any other transaction Trade receivables - NA - 3.88 0.00
Fellow subsidiary co (under the common control of
164 SKF INDIA LTD SKF MALAYSIA SDN BHD AB SKF) Any other transaction Trade receivables - NA - 0.88 0.00
Fellow subsidiary co (under the common control of
165 SKF INDIA LTD PT SKF INDONESIA AB SKF) Any other transaction Trade receivables - NA - 2.32 0.00
Fellow subsidiary co (under the common control of
166 SKF INDIA LTD SKF VIETNAM CO LTD AB SKF) Any other transaction Trade receivables - NA - 1.48 0.72
SKF INDUSTRIAL Fellow subsidiary co (under the common control of
167 SKF INDIA LTD INDONESIA AB SKF) Any other transaction Trade receivables - NA - 1.25 0.00
Fellow subsidiary co (under the common control of
168 SKF INDIA LTD SKF (CHINA) SALES CO. LTD AB SKF) Any other transaction Trade receivables - NA - 6.86 1.60
Fellow subsidiary co (under the common control of
169 SKF INDIA LTD SKF AUSTRALIA PTY LTD AB SKF) Any other transaction Trade receivables - NA - 6.25 0.00
Fellow subsidiary co (under the common control of
170 SKF INDIA LTD SKF BV AB SKF) Any other transaction Trade receivables - NA - 0.01 0.03
SKF Engineering and
Lubrication India Private Fellow subsidiary co (under the common control of
171 SKF INDIA LTD Limited(9186) AB SKF) Any other transaction Trade receivables 0 NA 0 100.10 58.24
SKF MARINE SINGAPORE Fellow subsidiary co (under the common control of
172 SKF INDIA LTD PTE LTD. AB SKF) Any other transaction Other Receivable 0 NA 0 0.00 0.22
173 SKF INDIA LTD SKF AB SWEDEN Ultimate Parent Entity Any other transaction Other Receivable 0 NA 0 0.00 4.67
Fellow subsidiary co (under the common control of
174 SKF INDIA LTD SKF ASIA PACIFIC PTE. LTD. AB SKF) Any other transaction Other Receivable 0 NA 0 0.00 2.70
Fellow subsidiary co (under the common control of
175 SKF INDIA LTD SKF (THAILAND) LIMITED AB SKF) Any other transaction Other Receivable 0 NA 0 0.00 2.02
Fellow subsidiary co (under the common control of
176 SKF INDIA LTD SKF PHILIPPINES INC. AB SKF) Any other transaction Other Receivable 0 NA 0 0.00 0.26
Fellow subsidiary co (under the common control of
177 SKF INDIA LTD SKF BEARING INDUSTRIES S AB SKF) Any other transaction Other Receivable 0 NA 0 0.00 3.69
Fellow subsidiary co (under the common control of
178 SKF INDIA LTD SKF MALAYSIA SDN BHD AB SKF) Any other transaction Other Receivable 0 NA 0 0.00 0.83
Fellow subsidiary co (under the common control of
179 SKF INDIA LTD PT SKF INDONESIA AB SKF) Any other transaction Other Receivable 0 NA 0 0.00 2.10
----- End of picture text -----

ASHISH

SARAF

Digitally signed by ASHISH SARAF

DN: cn=ASHISH SARAF, c=IN, o= Personal, email=ASHISH.SARAF @SKF.COM

Date: 2023.05.17 19:48:07 +05'30'

5/17/2023 7:28 PM

Related Party Transaction Report_Sept 2022 to Mar 2023_Print.xlsm

6 (7)

Sheet1

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ASHISH SARAF

Digitally signed by ASHISH SARAF DN: cn=ASHISH SARAF, c=IN, o= Personal, email=ASHISH.SARAF @SKF.COM Date: 2023.05.17 19:48:14 +05'30'

5/17/2023 7:28 PM

Related Party Transaction Report_Sept 2022 to Mar 2023_Print.xlsm

7 (7)

Sheet1

==> picture [741 x 390] intentionally omitted <==

----- Start of picture text -----

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments
made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party Value of the
(listed entity related party Value of
/subsidiary) transaction as Remarks on transaction In case monies are due to In case any financial indebtedness is incurred to make or
entering into the Type of related party Details of other related party approved by the approval by during the either party as a result of give loans, inter-corporate deposits, advances or
Sr No. transaction Details of the counterparty transaction transaction audit committee audit committee reporting period the transaction investments Details of the loans, inter-corporate deposits, advances or investments
Purpose for which the funds
Nature of indebtedness Details of Nature (loan/ advance/ will be utilised by the
Relationship of the counterparty with the listed Opening Closing (loan/ issuance of debt/ other intercorporate deposit/ Interest Secured/ ultimate recipient of funds
Name entity or its subsidiary balance balance any other etc.) indebtedness Cost Tenure investment ) Rate (%) Tenure unsecured (endusage)
194 SKF INDIA LTD SKF (U.K.) LIMITED Subsidiaries of Holding Company Any other transaction Trade receivables 0 NA 0 0.00 0.04
Fellow subsidiary co (under the common control of
195 SKF INDIA LTD VENTURE AEROBEARINGS L AB SKF) Any other transaction Trade receivables 0 NA 0 0.00 0.01
Fellow subsidiary co (under the common control of
196 SKF INDIA LTD BFW COUPLING SERVICES L AB SKF) Any other transaction Trade receivables 0 NA 0 0.00 0.00
Fellow subsidiary co (under the common control of
197 SKF INDIA LTD SKF CANADA LIMITED AB SKF) Any other transaction Trade receivables 0 NA 0 0.00 0.02
Fellow subsidiary co (under the common control of
198 SKF INDIA LTD SKF MAGNETIC BEARINGS AB SKF) Any other transaction Trade receivables 0 NA 0 0.00 0.01
Fellow subsidiary co (under the common control of
199 SKF INDIA LTD PILGRIM INTERNATIONAL LT AB SKF) Any other transaction Trade receivables 0 NA 0 0.00 0.00
Fellow subsidiary co (under the common control of
200 SKF INDIA LTD SKF SEALING SOLUTIONS GMAB SKF) Any other transaction Trade receivables 0 NA 0 0.00 0.01
Fellow subsidiary co (under the common control of
201 SKF INDIA LTD SKF AFRICA (PTY) LTD AB SKF) Any other transaction Trade receivables 0 NA 0 0.00 -2.26
Fellow subsidiary co (under the common control of
202 SKF INDIA LTD N AB AB SKF) Any other transaction Other Receivable 0 NA 0 0.00 0.06
Fellow subsidiary co (under the common control of
203 SKF INDIA LTD SKF Engineering and Lubricatio AB SKF) Any other transaction Other Receivable 0 NA 0 0.00 75.94
Fellow subsidiary co (under the common control of
204 SKF INDIA LTD SKF MARINE SINGAPORE PT AB SKF) Any other transaction Trade receivables 0 NA 0 0.59 0.00
Fellow subsidiary co (under the common control of
205 SKF INDIA LTD SKF (XINCHANG) BEARINGS AB SKF) Any other transaction Trade payables 0 NA 0 318.11 216.53
206 SKF INDIA LTD SKF AB SWEDEN Ultimate Parent Entity Any other transaction Trade payables 0 NA 0 0.10 0.00
Fellow subsidiary co (under the common control of
207 SKF INDIA LTD SKF INTERNATIONAL AB AB SKF) Any other transaction Trade payables 0 NA 0 2360.52 2884.05
Fellow subsidiary co (under the common control of
208 SKF INDIA LTD SKF FRANCE S.A. AB SKF) Any other transaction Trade payables 0 NA 0 0.06 0.00
Fellow subsidiary co (under the common control of
209 SKF INDIA LTD Changshan Peer Bearing Co., Lt AB SKF) Any other transaction Trade payables 0 NA 0 7.26 8.78
Fellow subsidiary co (under the common control of
210 SKF INDIA LTD SKF SEALING SOLUTIONS(W AB SKF) Any other transaction Trade payables 0 NA 0 7.24 1.35
Fellow subsidiary co (under the common control of
211 SKF INDIA LTD SKF SEALING SOLUTIONS KOAB SKF) Any other transaction Trade payables 0 NA 0 1.14 0.64
Fellow subsidiary co (under the common control of
212 SKF INDIA LTD SKF (SHANGHAI) AUTOMOTIVAB SKF) Any other transaction Trade payables 0 NA 0 0.23 0.98
Fellow subsidiary co (under the common control of
213 SKF INDIA LTD SKF (DALIAN) BEARINGS ANDAB SKF) Any other transaction Trade payables 0 NA 0 78.63 94.59
Fellow subsidiary co (under the common control of
214 SKF INDIA LTD SKF (JINAN) BEARINGS AND AB SKF) Any other transaction Trade payables 0 NA 0 21.71 24.34
Fellow subsidiary co (under the common control of
215 SKF INDIA LTD SKF ECONOMOS INDIA PVT. AB SKF) Any other transaction Trade payables 0 NA 0 32.35 32.20
Fellow subsidiary co (under the common control of
216 SKF INDIA LTD SKF Engineering and Lubricatio AB SKF) Any other transaction Trade payables 0 NA 0 229.60 467.51
Fellow subsidiary co (under the common control of
217 SKF INDIA LTD SKF MARINE SINGAPORE PT AB SKF) Any other transaction Trade payables 0 NA 0 0.00 0.00
Fellow subsidiary co (under the common control of
218 SKF INDIA LTD SKF INTERNATIONAL AB AB SKF) Any other transaction Other Payable 0 NA 0 409.55 217.36
Fellow subsidiary co (under the common control of
219 SKF INDIA LTD AB SKF AB SKF) Any other transaction Other Payable 0 NA 0 0.00 269.46
SKF Engineering and
Lubrication India Private Fellow subsidiary co (under the common control of Inter corporate Interest
220 SKF INDIA LTD Limited AB SKF) Any other transaction receivable 0 NA 0 0.00 0.49
Fellow subsidiary co (under the common control of
221 SKF INDIA LTD SKF Engineering and Lubricatio AB SKF) Any other transaction Trade Advance receivable 0 NA 0 193.66 0.00
Fellow subsidiary co (under the common control of
222 SKF INDIA LTD SKF Engineering and Lubricatio AB SKF) Any other transaction Other Receivable 0 NA 0 85.82 4.08
Fellow subsidiary co (under the common control of
223 SKF INDIA LTD SKF Engineering and Lubricatio AB SKF) Any other transaction Other Receivable 0 NA 0 17.29 2.01
Fellow subsidiary co (under the common control of
224 SKF INDIA LTD SKF Engineering and Lubricatio AB SKF) Any other transaction Other Receivable 0 NA 0 0.00 20.15
225 SKF INDIA LTD SKF Engineering and Lubricatio Fellow subsidiary co (under the common control of AAny other transaction Other Payable 0 NA 0 43.98 0.00
226 SKF INDIA LTD SKF Engineering and Lubricatio Fellow subsidiary co (under the common control of AAny other transaction Director's commission 0 NA 0 4.71 6.18
227 SKF INDIA LTD SKF (U.K.) LIMITED Subsidiaries of Holding Company Any other transaction Other Receivable 0 NA 0 0.00 0.31
228 SKF INDIA LTD SKF Australia PTY Ltd. Fellow subsidiary co (under the common control of AAny other transaction Other Receivable 0 NA 0 0.00 0.06
229 SKF INDIA LTD SKF B.V. Fellow subsidiary co (under the common control of AAny other transaction Other Receivable 0 NA 0 0.00 0.03
230 SKF INDIA LTD SKF BELGIUM NV SA Fellow subsidiary co (under the common control of AAny other transaction Other Receivable 0 NA 0 0.00 0.10
231 SKF INDIA LTD SKF GMBH Fellow subsidiary co (under the common control of AAny other transaction Other Receivable 0 NA 0 0.00 0.26
11,286.1 5,303.7 5,643.3
----- End of picture text -----

ASHISH

SARAF

Digitally signed by ASHISH SARAF

DN: cn=ASHISH SARAF, c=IN, o= Personal, email=ASHISH.SARAF @SKF.COM Date: 2023.05.17 19:48:22 +05'30'

5/17/2023 7:28 PM

Related Party Transaction Report_Sept 2022 to Mar 2023_Print.xlsm

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SKF India Ltd. Regulatory Filings 2023

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SKF India Limited

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SKF India Ltd. — Regulatory Filings 2023

61883_rns_2023-05-17_51c721bf-3aad-4d53-adc9-c6507b53999a.pdf

SKF India Limited

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