Schaeffler India Director Andreas Schick resigns effective March 31, 2026

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SCHAEFFLER · price

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Price reactionminutes from the announcement price · days from the prior close

+2.7%Reaction day

₹3850.00

prior close

₹3886.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+1.6%+1.1% vs market

Auto Components & Equipments peers, median of 110sector+2.6%+0.1% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Midcap 150 and 0.1 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

-0.7

10m

-0.7

15m

-0.5

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.7+1.6+1.1+2.6+0.1

Next day

+2.6+2.0+0.6+3.6-1.0

-1.0+2.0-3.0+4.4-5.4

-1.3+1.5-2.8+4.1-5.4

-1.6-0.2-1.4+1.6-3.2

-2.2+0.2-2.4+1.7-3.8

+1.4+1.1+0.3+2.1-0.7

15d

+11.8-2.1+13.8-2.3+14.1

+10.0-5.4+15.3-6.8+16.8

-0.1-4.4+4.2-5.1+4.9

+9.5+2.7+6.7+4.6+4.9

UpDownMarket · Nifty Midcap 150Sector · Auto Components & Equipments peers, median of 110Pending

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

AI summary

Mr. Andreas Schick, Non-Executive Non-Independent Director of Schaeffler India, resigned from the board effective close of business on March 31, 2026. Reason: he is leaving the Schaeffler Group. The company received his resignation letter on February 6, 2026. No material reason for resignation has been stated other than his departure from the parent group.

Likely market impact

Routine board-level transition with no expected operational or financial impact; part of a parent group personnel change.