SCHAEFFLERNSESchaeffler India LimitedMediumNeutral
Announced Sat, 14 Mar · 18:30 IST

Schaeffler India Limited has informed the Exchange regarding Proceedings of Postal Ballot

Management Changes View source PDF

SCHAEFFLER · price

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

Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹3848.00
prior close
₹3820.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.8-0.2+0.5+2.1+6.0+3.1+8.5+2.3+4.3-0.1+3.2+3.4+8.5
Up moveDown movePending
AI summary

Schaeffler India conducted a Postal Ballot (e-voting) from February 13, 2026, to March 14, 2026, to seek shareholder approval for one item of business. The item was the appointment of Mr. Maximilian Andreas Fiedler (DIN: 10406377) as a Non-Executive Non-Independent Director of the company. The resolution was approved by members with the requisite majority through an Ordinary Resolution. Mr. Suresh Kumar Kabra of M/s. Samdani Kabra & Asso. acted as the Scrutinizer for the e-voting process. The detailed voting results and Scrutinizer's report will be submitted to NSE, BSE, and NSDL, and displayed on the company's website.

Likely market impact

The appointment strengthens the board with a new non-executive director, likely a nominee of the German Schaeffler Group (the parent/promoter). This is a routine governance matter with no material financial impact on shareholders.