BSECompany Update15 Oct 2026 · 15 Oct 2026, 09:04 pm
We wish to inform that shareholders of the Company have approved via Postal Ballot Notice dated 3rd September 2026, the change in designation of Mr. Sujeeth Pai from Whole Tim Director to Managing Director for a period of 5 consecutive years with effect from 1st September 2026
SKF India (Industrial) Ltd · 544572
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SKF India (Industrial) Ltd has informed that shareholders have approved the change in designation of Mr. Sujeeth Pai from Whole Time Director to Managing Director for a period of 5 consecutive years with effect from 1st September 2026.
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SKF India (Industrial) Ltd - 544572 - Announcement under Regulation 30 (LODR)-Change in Management
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Date: 15th October 2026
National Stock Exchange of India Limited, BSE Limited,
Exchange Plaza 5th Floor, Plot No. C- Phiroze Jeejeebhoy
1, G Block, Bandra Kurla Complex, Towers, Dalal Street,
Bandra (East), Mumbai – 400051, Mumbai – 400001, Maharashtra, India
M aharashtra, India
NSE Scrip Code – SKFINDUS BSE Scrip Code -544572
Subject: Announcement under Regulation 30 of SEBI (Listing Obligation and Disclosure
Requirements Regulation), 2015.
Reference: Our Intimation dated 11th August 2026 and 1st September 2026 for the change in
designation of Mr. Sujeeth Pai (DIN – 07763929) from Whole Time Director to
Managing Director of the company.
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
(‘SEBI LODR’) read with clause 7 of Para A of Part A of Schedule III and other applicable provisions of
SEBI LODR and the 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 based on the recommendation of the Nomination and
Remuneration Committee and subsequent approval of Board of Directors on 11th August 2026 the
shareholders of the Company, by way of a Postal Ballot, the voting results of which were declared on 15
October 2026, have approved the change in designation of Mr. Sujeeth Pai (DIN: 07763929) from Whole-
time Director to Managing Director of the Company for a term of five (5) consecutive years with effect from
1st September 2026, along with the remuneration payable to him.
The Disclosure required pursuant to Regulation 30 of SEBI LODR read with clause 7 of Para A of Part A of
Schedule III to the said Regulation read with the SEBI Master Circular no. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated 30th January 2026 regarding change in Directors and Key Managerial Personnel is
enclosed as Annexure – A.
We request you to take the above information on record.
Thanking you,
Yours faithfully,
For 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/3762/2026dated 30th January
2026:
Sr. Details of Events that need to be
Information of such event
No. provided
1 Name : Mr. Sujeeth Pai
2 DIN : 07763929
Reason for change viz appointment, Change in designation of Mr. Sujeeth Pai from
3 resignation, removal, death or : Whole-Time Director to Managing Director of the
otherwise. Company.
Date of appointment/ re-
1st September 2026
appointment/ cessation (as
applicable) & term of appointment/
Terms as per the Agreement/Company Policy.
re-appointment.
Qualifications & Certifications:
Mechanical Engineering degree from P.E.S.I.T,
Bangalore, and an MBA from ISB, Hyderabad,
Overall Experience:
Brief profile (in case of
5 : Overall 20 years of multidimensional experience in
appointment).
driving growth and profitability through employee,
partner and customer success. He also has rich
experience from building proof of concepts, providing
technical support to successfully delivering double
digit growth for businesses, leading P&L across the
region.
Disclosure of relationships between Mr. Sujeeth Pai is not related to any of the Directors
6 directors (in case of appointment of : and Key Managerial Personnel or Promoters of the
a director). 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