NSECessation1 Sept 2026 · 1 Sept 2026, 12:19 pm

Cessation

SKF India (Industrial) Limited · SKFINDUS

✦ AI SummaryMgmt Change

SKF India's Managing Director, Mr. Mukund Vasudevan, has resigned from his position effective August 31, 2026, due to a change in his role within the SKF Group.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

With reference to our intimation dated 11th August 2026, we hereby inform you that Mr. MukundVasudevan (DIN: 05146681) has resigned from the office of Managing Director of SKF India(Industrial) Limited with effect from the closure of business hours on 31st August 2026, pursuant to a change in his role within the SKF Group.

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SKFINDUS25_01092026121640_NSE.pdf

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a l F Date: 01st September 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: Announcement under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements Regulation),2015. Reference: Intimation dated 11th August 2026 Dear Sir/Madam, With reference to our intimation dated 11th August 2026, we hereby inform you that Mr. Mukund Vasudevan (DIN: 05146681) has resigned from the office of Managing Director of SKF India (Industrial) Limited with effect from the closure of business hours on 31st August 2026, pursuant to a change in his role within the SKF Group. The disclosure pursuant to Regulation 30(6) of the SEBI LODR read with Clause 7 of Para A of Part A of Schedule III and the relevant SEBI Master Circular, pertaining to the change in Directors and Key Managerial Personnel are given herein under: Sr. Details of Events that need to be Information of such event No. provided Resignation pursuant to change in Mr. Reason for change viz Mukund Vasudevan’s role within SKF 1 appointment, resignation, removal, : Group. death or otherwise. Date of appointment/ re- With effect from closure of business appointment/ cessation (as 2 : hours of 31st August 2026. applicable) & term of appointment/ re-appointment. The Resignation Letter of Mr. Mukund Vasudevan is enclosed as Annexure - A. We request you to take the above information on record. 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 MUKUND VASUDEVAN B-5/902 Sector 30, The World Spa West, Gurgaon, Haryana -122001 Email Id: mukund.vasudevan@skf.com Date: 04™ August 2026 SKF India (Industrial) Limited Chinchwad Gaon, Chinchwad, Pune 411033, Maharashtra, India Dear Gopal, Subject: Resignation as a Managing Director of SKF India (Industrial) Limited I hereby submit my resignation as the Managing Director and member ofboard committees of SKF India (Industrial) Limited with effect from the closure of business hours of 31% August 2026 on account of change in my role within SKF Group. I further confirm that there is no other material reason other than the one that is mentioned above for my resignation. I take this opportunity to thank all the Board Members for the support and guidance extended during my tenure as on the as Managing Director of the Company. I would request you to kindly initiate and complete all necessary formalities including informing the Registrar of Companies and other regulatory authorities to formalize the discontinuance as Managing Director of the Company. Regards, MUKUND VASUDEVAN DIN: 05146681