Schaeffler India Limited has informed the Exchange about General Updates
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Schaeffler India has informed the exchanges that Mr. Sameer Mathur, a member of its Senior Management (Executive Leadership Team), has been transferred to another Schaeffler Group company, Schaeffler Global Services India Private Limited, effective July 1, 2025. As a result, he has ceased to be a member of the Senior Management of Schaeffler India Limited from the same date. The disclosure was filed under SEBI's Listing Regulations (Regulation 30) by the company's VP - Legal & Company Secretary, Ashish Tiwari, on July 8, 2025. The move is essentially an internal group-level transfer rather than an external departure.
Since this is an internal transfer within the Schaeffler Group and not a resignation or external exit, the impact on shareholders is likely neutral. No change in control or strategy is implied, and the senior leadership bench at Schaeffler India remains part of the broader Schaeffler ecosystem.