BSECompany Update19h ago · 11 Aug 2026, 09:55 pm

Change in designation of Mr. Sujeeth Pai from Whole Time Director to Managing Director of the Company.

SKF India (Industrial) Ltd · 544572

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SKF India (Industrial) Ltd has announced a change in the designation of Mr. Sujeeth Pai from Whole-Time Director to Managing Director, effective September 1, 2026, subject to shareholder approval.

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SKF India (Industrial) Ltd - 544572 - Announcement under Regulation 30 (LODR)-Change in Management

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= 1 . Date: 11% August 2026 National Stock Exchange of India Limited, BSE Limited, "Exchange Plaza" 5% Floor, Phiroze Jeejeebhoy Towers, Plot No. C-1, G Block, . | Dalal Street, Bandra Kurla Complex, Mumba-i 400001 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 Dear Sir/Madam, Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligation and Disclosure Requirements Regulation), 2015 (“SEBI LODR”) read with SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11% November 2024, we wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board ofDirectors in its meeting held on 11% August 2026 has considered and approved the change in designation of Mr. Sujeeth Pai (DIN: 07763929) from Whole-Time Director to Managing Director ofthe Company with effect from 01% September 2026, subject to the approval of the shareholders. Mr. Sujeeth Pai shall cease to be Whole-Time Director of the Company with effect from closure of business hours of31% August 2026 and shall hold office as Managing Director for a period of five (5) years with effect from 1% September 2026, subject to the approval of the shareholders of the Company, pursuant to the provisions of Section 203 of the Companies Act, 2013 read with Rule 8 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and other applicable provisions, if any. The Disclosure pursuant to Regulation 30 of SEBI LODR read with Clause 7, Para A of Part A of Schedule III to the said Regulation read with the SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11* November 2024 with regard to change in Directors and Key Managerial Personnel is enclosed as Annexure - A. Based on the declarations obtained, we confirm that Mr. Sujeeth Pai is not debarred from holding the office of Director by virtue of any order issued by SEBI or any other such authority(ies). Mr. Sujeeth Pai is not related to any of the Directors or Key Managerial Personnel or Promoters of the Company. His brief profile is annexed with this communication as Annexure -A. 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 and disseminate the same on your respective websites. Thanking you, Yours faithfully, SKF India (Industrial) Limited nN A 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: L28140PN2024P1C236396 alk F 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. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024: Sr. | Details of Events that need to be . Information of such event No. | provided 1 Name Mr. Sujeeth Pai 2 DIN 07763929 Change in designation of Mr. Sujeeth Pai from Reason for change viz appointment, Whole-Time Director to Managing Director of the 3 resignetion;—remeval,—death—or Company inplace ofMr. Mukund Vasudevan (current otherwise. Managing Director) who resigned due to internal role change within SKF Group. Date of appointment re- The date of appointment/change in designation willbe . appointment/ . cessation (as 1% September 2026 subject to the approval of applicable) & term of appointment/ Shareholders of the Company. re-appeiniment, Terms as per the Agreement/Company Policy. Qualifications & Certifications: Mechanical Engineering degree from P.E.S.LT, Bangalore, and an MBA from ISB, Hyderabad, Overall Experience: 5 Brief protile Gn case of 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 5 directors (in case of appointment of a and Key Managerial Personnel or Promoters of the 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