BSECompany Update15 Oct 2026 · 15 Oct 2026, 09:24 pm
We wish to inform that shareholders of the Company have approved via Postal Ballot Notice dated 3rd September 2026 the appointment of Mr. Mukund Vasudevan as Non-Executive Director of the Company with effect from 1st September 2026
SKF India (Industrial) Ltd · 544572
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SKF India (Industrial) Ltd has announced the appointment of Mr. Mukund Vasudevan as a Non-Executive, Non-Independent Director on its board, effective September 1, 2026, following a postal ballot approval by shareholders.
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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 appointment of
Mr. Mukund Vasudevan (DIN: 05146681) as Non-Executive, Non-Independent
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 appointment of Mr. Mukund Vasudevan (DIN: 05146681) as a Non-
Executive, Non-Independent Director on the Board of the company w.e.f. 1st September 2026.
The Disclosure required pursuant to Regulation 30 of SEBI LODR read with clause of 7 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/3762/2026
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
Reason for change viz
with effect from the closure of business hours
3 appointment, resignation, removal, :
31st August 2026 and appointed as Non-
death or otherwise.
Executive, Non-Independent Director with
effect from 01st September 2026.
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:
Bachelor of Technology from Indian Institute of
Technology (IIT), Mumbai
MBA in Finance and Strategy, University of
Chicago.
Brief profile (in case of
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.
Disclosure of relationships between
Mr. Mukund Vasudevan is not related to any of the
6 directors (in case of appointment of a :
Directors and Key Managerial Personnel or
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