Outcome of Board Meeting

a l F Date: 4th November 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: Outcome of the Board Meeting held on 4th November 2026, pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) Dear Sir/Madam, In continuation to our intimation dated 26th October 2026, and pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), we wish to inform you that Board of Directors of the Company at its meeting held today i.e. 4th November 2026 commenced at 4:00 PM (IST) and concluded on 5:30 PM (IST), has, inter-alia, considered, discussed and approved the following: 1) Financial Results: Unaudited Financial Results of the Company for the second quarter ended 30th September 2026 together with Limited Review Report of the Statutory Auditors, that were placed before the Board of Directors and was taken on record. We hereby declare that the Statutory Auditors - M/s. Deloitte Haskins & Sells LLP, Chartered Accountants, have issued the Limited Review Reports with unmodified opinion on the Unaudited Financial results of the Company for the second quarter ended 30th September 2026. The same has been enclosed herewith as Annexure-A. 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 Deloi t te CharteredAccountants - 11th & 12th floors Haskins & SellsLLP a DP Road, Aundh Pune - 411007 Maharashtra, India Tel: +91 206 747 7800 INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF SKF INDIA (INDUSTRIAL) LIMITED 1. We have reviewed the accompanying Statement of Unaudited Financial Results of SKF INDIA (INDUSTRIAL) LIMITED (“the Company”), for the quarter and six months ended September 30, 2026 (“the Statement”) (refer ‘Other Matter’ section below), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”). 2. This Statement, which is the responsibility of the Company’s Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company’s personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. Regd. Office: One International Center, Tower 3, 32nd floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737 Deloitte . Haskins & SellsLLP Other matter 5. The financial information for the quarter and six months ended 30 September 2025 and for the period from 1 April 2025 to 30 September 2025 (as included in the financial results for the year ended 31 March 2026) as reported and included in these unaudited financial results, have been extracted by the management from the financial information of SKF India Limited pertaining to Industrial Undertaking ("Demerged Business”) for the period from 1 April 2025 to 30 September 2025. As set out in Note 5 to the unaudited financial results, these figures have been furnished by the management, and we have neither reviewed nor audited these figures. Our report on the statement is not modified in respect of this matter. For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm's Registration No. a Kedar Raje Partner Place: Pune (Membership No. 102637) Date: November 04, 2026 UDIN: 26102637LSELLW9222 SKF INDIA (INDUSTRIAL) LIMITED Registered Office: Chinchwad Gaon, Chinchwad, Pune 411033, Maharashtra, India Tel. No. : 91 - 020 66112501 | E-mail: industrialindia@SKF.com Website: www.skf.com/in; CIN: L28140PN2024PLC236396 Statement of Unaudited Assets and Liabilities as at 30 September 2026 (INR in Million) As at September 30, | As at March 31, 2026 Particulars 2026 {Audited) (Unaudited) ASSETS Non-current assets Property, plant and equipment 2,576.9 1,841.8 Right-of-use assets 247.6 39.8 Capital work-in-progress 898.4 1,342.7 Investment properties 226.1 231.2 Intangible assets - - Financial assets . Loans 1,576.0 1,576.0 Other financial assets 331.1 266.3 Deferred tax assets (net) 659.9 650.7 Other non-current assets 260.2 14.5 Total non-current assets 6,776.2 5,963.0 Current assets Inventories 6,726.4 5,357.8 Financial assets Trade receivables 7,278.9 8,280.2 Cash and cash equivalents 3,183.8 5,691.7 Bank balance other than above 73 - Other financial assets 380.8 333.2 Current Tax Asset (net) 71.5 75.5 Other current assets 1,006.0 1,043.6 Total current assets 18,654.7 20,782.0 25,430.9 26,745.0 EQUITY AND LIABILITIES Equity Equity Share Capital 494.4 494.4 Other equity 14,444.3 14,2741 Total Equity 14,938.7 14,768.5 LIABILITIES Non-current liabilities Financial liabilities Lease liabilities 259.8 27.2 Provisions - 15.0 Employee benefit obligation 66.8 34.8 Total non-current liabilites 326.6 77.0 Current Liabilities Financial liabilities Lease liabilities 9.5 18.5 Trade payables Outstanding dues of micro and small enterprises 98.9 124.4 Outstanding dues other than micro and small enterprises 6,675.6 7,271.5 Other current financial liabilities 290.7 1,120.8 Provisions 2,788.1 2,306.0 Employee benefit obligations 157.0 169.2 Current tax liabilites - 49.9 Other current liabilites 145.8 839.2 Total current liabilities 10,165.6 11,899.5 Total liabilities 10,492.2 11,976.5 TOTAL EQUITY AND LIABILITIES 25,430.9 26,745.0 SKF SKF INDIA (INDUSTRIAL) LIMITED Registered Office: Chinchwad Gaon, Chinchwad, Puna 411033, Maharashtra, Indla Tel. No. 1 51 - 020 66112501 | E-mail:industrialindia@SKF.com Website: www.skf.com/in; ON: 128140PN2024PLC236396 . Statement of Unaudite [Showing first 8,000 characters — download PDF for full document]