Resignation of the Cost Auditors of the Company

Schaeffler India Limited · Pune · Maharashtra BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C – 1, Block G, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai-400001 Mumbai-400051 Company Code: 505790 Company Code: SCHAEFFLER Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) 08/10/2026 Dear Sirs, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that M/s. Y. S. Thakar & Co., Cost Accountants, (Firm Registration Number 000318) the Cost Auditor of Schaeffler India Limited (the Company) vide their letter dated October 8, 2026 (copy attached) resigned starting from the year 2026 due to their preoccupancy. Phone: +912068198464 The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are enclosed as Annexure A to this letter. Kindly take the same on your records. Thanking you, Yours faithfully, For Schaeffler India Limited Ashish Tiwari, General Counsel & Company Secretary Encl.: As above Schaeffler India Limited INTERNAL Registered and Corporate Office: 15th Floor, (ASTP) Amar Sadanand Tech Park, Baner, Pune, Maharashtra, India – 411045 Tel: +91-20-68198400 | Fax: +91-20-68198405 CIN: L29130PN1962PLC204515, www.schaeffler.co.in, info.in@schaeffler.com, Annexure A Page 2 of 2 In terms of the Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th No- vember, 2024 issued by Securities and Exchange Board of India (‘SEBI’) and pursu- ant to Regulation 30 of the Securities and Exchange Board of India (Listing Obliga- tions and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), the required details are given below: Sr. Particulars Details 1 Reason for change viz. ap- Resignation of M/s. Y. S. Thakar & Co., pointment, re-appointment, Cost Accountants, (Firm Registration Num- resignation, removal, death ber 000318) as the Cost Auditor of the or otherwise Company due to preoccupancy 2 Date of appointment/re-ap- October 8, 2026 pointment/ cessation (as ap- plicable) & term of appoint- ment/re-appointment 3 Brief profile (in case of ap- Not Applicable pointment) INTERNAL Ref: YST & Co/Schaeffler/Cost Audit/Resignation/2026/1 Date: 08/10/2026 The Board of Director Schaeffler India Limited 15th Floor, Amar Sadanand Tech Park Plot No 3, Survey 105/3 104/1, Baner Pune 411045, Maharashtra India Subject: Resignation as Cost Auditor for the year 2026 Respected Sir/s, This is with reference to the above referred subject, we would like to state that our firm of Cost accountants were appointed as Cost Auditor for the year 2026 of your esteemed Company. We were professionally associated with your reputed Company for more than 15 years as Costs auditor and for other matters. However, due to preoccupancy, we are unable to render our professional services as Cost Auditor to the Company starting from the year 2026. We understand that this would cause unnecessary hardship to the TEAM Schaeffer. We sincerely regret the inconvenience caused to the Company due to our resignation. At this juncture, we would like to place on record the Co-operation and other support extended to our team by the Company for discharging our duties maintaining the highest level of professionalism and independence. We learned a lot and experienced the highest level of integrity while discharging our duties as Cost Auditor. We sincerely thank you all for the trust and confidence reposed in our firm of Cost Accountants during our association with the Company. Once again, we are thankful to the Company for the opportunity provided to us to work for reputed corporate like yours. Would always be available to be professionally associated, getting an opportunity in future. THANKING YOU and best regards. For Y S Thakar & Co Cost Accountants (FRN 000318) Shivam Dhananjay Dave Partner (M-53526)