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SKFINDIANSESKF India Limited· Auto ComponentsCriticalNegative
Announced Tue, 30 Sept, 2025 · 18:01 IST

SKF India Limited has informed the Exchange regarding Cessation of Mr Mukund Vasudevan as Managing Director & CEO of the company w.e.f. September 30, 2025.

CEO resignedManagement Changes View source PDFExplain this filing

SKFINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+1.1%Reaction day
₹4720.00
prior close
₹4760.00
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.4%-0.3% vs market
Auto Components & Equipments peers, median of 107sector+0.7%+0.4% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.4 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.7
10m
-0.7
15m
-0.5
30m
-0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.1+1.4-0.3+0.7+0.4
Next day
+3.2+2.7+0.4+1.6+1.6
2d
+3.8+2.4+1.3+0.7+3.1
3d
+3.7+2.2+1.5+0.8+2.9
4d
+3.2+1.9+1.3+0.0+3.2
5d
+3.6+2.1+1.5-0.1+3.6
1w
+2.4+2.3+0.2-0.5+2.9
15d
-53.4+3.4-56.7+0.1-53.5
1m
-55.0+5.0-60.0+0.4-55.4
2m
-58.7+0.8-59.5-2.8-55.9
3m
-60.8-1.3-59.5-5.5-55.2
UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 107Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SKF India Limited has informed the stock exchanges that Mr. Mukund Vasudevan (DIN: 05146681) has resigned as Managing Director and CEO of the company, effective from the close of business hours on September 30, 2025. The reason cited is restructuring in management pursuant to the demerger of the company. His resignation letter, dated September 26, 2025, confirms there are no other material reasons for the exit. The disclosure has been made under SEBI LODR Regulation 30, and the announcement was signed by Ranjan Kumar, Company Secretary & Compliance Officer.

Likely market impact

This is a significant leadership change tied to an ongoing demerger at SKF India. Shareholders should watch for further announcements about the demerger scheme details and the appointment of a new Managing Director & CEO, as leadership transitions during corporate restructuring can create short-term uncertainty.