Announced Fri, 26 Jun · 22:06 IST
Two new directors appointed at Schaeffler India effective July 1, 2026
Management Changes View source PDF
SCHAEFFLER · price
▲ 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
+1.0%1-day move
₹4151.00
prior close
₹4157.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-0.6-0.2-0.7+1.0-0.7-1.0+0.4-0.4-1.2+0.2———
Up moveDown movePending
AI summary
Schaeffler India appoints two new directors effective July 1, 2026. Christophe Hannequin, current CFO of the Schaeffler Group and Executive Board member of Schaeffler AG, joins as Non-Executive Non-Independent Director. Chetan Kumar Maini, a pioneer of India's EV ecosystem and Maini Group leader, joins as Non-Executive Independent Director for a 5-year term until June 30, 2031. Both appointments need shareholder approval via postal ballot or AGM within 3 months.
Likely market impact
Adds an independent director with EV expertise and parent group CFO representation; both require shareholder approval before becoming final.