NSEAppointment1 Sept 2026 · 1 Sept 2026, 12:28 pm
Appointment
SKF India (Industrial) Limited · SKFINDUS
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SKF India (Industrial) Limited has appointed Mr. Mukund Vasudevan as Non-Executive, Non-Independent Director with effect from 1st September 2026, subject to the approval of Shareholders.
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Full Announcement
With reference to our intimation dated 11th August 2026, pursuant to Regulation 30 and Para A Part A of Schedule III and other applicable provisions of SEBI (Listing Obligation and Disclosure Requirements Regulation), 2015 ( SEBI LODR ) read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, we wish to inform you that Mr. Mukund Vasudevan (DIN: 05146681) has been appointed as Non-Executive, Non-Independent Director of the Company with effect from 1st September 2026, subject to the approval of Shareholders.
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Date: 01st September 2026
National Stock Exchange of India Limited, BSE Limited,
"Exchange Plaza" 5th Phiroze Jeejeebhoy
Floor, Plot No. C-1, G Towers, Dalal Street,
Block, Bandra Kurla Mumbai - 400001
Complex, Bandra (East),
Mumbai – 400051,
Maharashtra, India
NSE Scrip Code – SKFINDUS BSE Scrip Code - 544572
Subject: Announcement under Regulation 30 of SEBI (Listing Obligation and Disclosure
Requirements Regulation), 2015
Reference: Intimation dated 11th August 2026
Dear Sir/Madam,
With reference to our intimation dated 11th August 2026, pursuant to Regulation 30 and Para A Part A
of Schedule III and other applicable provisions of SEBI (Listing Obligation and Disclosure
Requirements Regulation), 2015 (“SEBI LODR”) read with SEBI Master Circular no.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, we wish to inform you that Mr.
Mukund Vasudevan (DIN: 05146681) has been appointed as Non-Executive, Non-Independent Director
of the Company with effect from 1st September 2026, subject to the approval of Shareholders.
The disclosure pursuant to Regulation 30(6) of the SEBI LODR read with Clause 7 of Para A of Part A of
Schedule III and the relevant SEBI Master Circular, pertaining to the change in Directors and Key Managerial
Personnel is enclosed herewith as Annexure -A.
Based on the declarations obtained, we confirm that Mr. Mukund Vasudevan is not debarred from
holding the office of Director by virtue of any order issued by SEBI or any other such authority(ies).
Further, pursuant to Regulation 17(1C) of SEBI LODR, the Company will seek necessary approval of
Members within 3 Months from the date of appointment of Directors.
We request you to take the above information on record.
Thanking you,
Yours faithfully,
SKF India (Industrial) Limited
Poorva Bang
Company Secretary & Compliance Officer
SKF India (Industrial) Limited
Registered office: Chinchwad Gaon, Chinchwad, Pune 411033, Maharashtra, India
Tel: +91 (20) 6611 2501, Fax no: +91 (20) 6611 2396, Email id: industrialindia@skf.com
CIN: L28140PN2024PLC236396
Annexure – A
Disclosure required pursuant to Regulation 30 of the SEBI Listing Regulations read with Para A of
Schedule III read with the SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
30th January 2026:
Sr. Details of Events that need to be
Information of such event
No. provided
1 Name : Mr. Mukund Vasudevan
2 DIN : 05146681
Mr. Mukund Vasudevan resigned from the board
as Managing Director of the Company with
Reason for change viz appointment,
effect from the closure of business hours 31st
3 resignation, removal, death or :
August 2026 and appointed as Non-Executive,
otherwise.
Non-Independent Director with effect from 01st
September 2026.
1st September 2026, subject to the approval of
Shareholders of the Company.
Date of appointment/ re-
appointment/ cessation (as
applicable) & term of appointment/
re-appointment.
Terms as per the Agreement/Company Policy.
Qualifications & Certifications:
Bachelor of Technology from Indian Institute of
Technology (IIT), Mumbai
MBA in Finance and Strategy, University of
Chicago.
Brief profile (in case of
5 : Overall Experience:
appointment).
Entrepreneurial and result-oriented executive,
with 25+ years of experience in P&L
management, strategy development, sales and
M&A in India, the Middle East and USA. Strong
commercial and operational skills. Collaborative
leader with a track record of building high-
performance teams.
SKF India (Industrial) Limited
Registered office: Chinchwad Gaon, Chinchwad, Pune 411033, Maharashtra, India
Tel: +91 (20) 6611 2501, Fax no: +91 (20) 6611 2396, Email id: industrialindia@skf.com
CIN: L28140PN2024PLC236396
Disclosure of relationships between Mr. Mukund Vasudevan is not related to any of
6 directors (in case of appointment of : the Directors and Key Managerial Personnel or
a director). Promoters of the Company.
SKF India (Industrial) Limited
Registered office: Chinchwad Gaon, Chinchwad, Pune 411033, Maharashtra, India
Tel: +91 (20) 6611 2501, Fax no: +91 (20) 6611 2396, Email id: industrialindia@skf.com
CIN: L28140PN2024PLC236396