63rd AGM - Voting Results and Scrutinizers Report
SCHAEFFLER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Schaeffler India Limited held its 63rd Annual General Meeting on April 30, 2026. All 5 ordinary resolutions were passed with overwhelming shareholder approval (over 99.8% in favour on all items). The meeting approved the audited standalone and consolidated financial statements for FY 2025 ending December 31, 2025, and declared dividend for the year. Shareholders also approved the re-appointment of Jens Schuler as director (with 0.14% opposition from institutional investors), appointment of Price Waterhouse Chartered Accountants LLP as new statutory auditors for 5 years, and ratification of cost auditors' remuneration. Voting participation was strong at 93.23%, with promoters voting 100% and institutional investors participating at 92.94%.
All resolutions passing smoothly with near-unanimous support indicates shareholder confidence in the company's leadership and financial performance. The appointment of a new auditor and declaration of dividend are routine corporate actions that should not impact the stock negatively. The minor opposition to the director's re-appointment is not significant enough to raise concerns.