Categories: Share Market

SKF India Ltd. Dividend Details Date: 28 June 2023

SKF India Ltd

SKF India Ltd. Dividend Details Date: 28 June 2023.

SKF India Limited Dividend Details:

In Year of 2023

Symbol: SKFINDIA

Ex Date	Amount in RS (INR)	Cash Dividend
*28 June 2023*	40.00/Share	*Final*
Past Dividends
28 June 2022	14.50/Share	Final
6 July 2022	14.50/Share	Final
14 July 2020	130.00/Share	Final
11 Jul;y 2019	12.00/Share	Final
13 July 2018	12.00/Share	Final
18 July 2017	10.00/Share	Final
8 July 2017	10/Share	Final
8 July 2016	15/Share	Final
8 April 2015	2.5/Share	Final
23 Sep 2014	7.50/Share	Interim
11 April 2014	7.50/Share	Final
18 April 2013	7.50/Share	Final

What are dividends?

Dividends is distribute by company to shareholders, If company is running well and earn the company big profit. Then company decide to pay the some % to all company shareholder. this is told dividend.

About the SKF India.

SKF india limited, SKF is top company of ball bearing manufacturing of india, The SKF part of AB SKF, Germany, a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services which include technical support, maintenance and reliability services, engineering consulting and training. The company’s manufacturing facility is located at Pune, Bangalore & Haridwar catering to automotive and industrial sectors of Northern and Peninsular India.

Having commissioned the first manufacturing plant in Pune in the year 1965, the Company has three manufacturing facilities, 12 offices and a supplier network of over 450 distributors. It is a well-known supplier of ball bearings, catering to over 40 industries globally with products and services, both directly and indirectly. Being one of the leading bearing manufacturers known for its deep grove ball bearings, the Company has a strong presence across the industrial and auto sectors.

It is able to offer unique solutions for companies across automotive, agriculture, construction, food and beverage, oil and gas, metals and other industrial sectors through its five technology-centric platforms – bearings and units, seals, mechatronics, lubrication solutions and services. Incorporated on 12th April 1961, the Company commenced its operations as a ball-bearing manufacturing company. To cater to the manufacturing demands, the production activity in the first factory at Chinchwad, Pune was started by the company in the year of 1965.

After that, SKF India had launched its state -of- the art factory for SDGBB in Bangalore during the year 1989. In 1997, CR Seals India Pvt.Ltd. established a plant in Bangalore, which went on to become SKF Sealing Solutions India Pvt Ltd, now a part of SKF in India. During the year 2002, the company had established the SKF Center for Learning and also in the same year, SKF became the first bearing company in India to secure ISO/TS-16949 for the Automotive Business Unit. The Company inaugurated a center in 2004 for the development process under the name of SKF Application Development Center. Also in the identical year of 2004, SKF India had acquired Vibration Engineer and Consultants Pvt Ltd.