SKFINDUSBSESKF IND (INDUSTRIAL) LTDLowNeutral
Announced Thu, 16 Jul · 19:22 IST

2nd AGM on 13 Aug 2026; Rs.10 dividend; multiple SKF group related party deals

Board & Shareholder Meetings View source PDF

SKFINDUS · price

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AI summary

SKF India (Industrial) Ltd will hold its 2nd AGM on 13 Aug 2026 at 3 PM via video conferencing. Agenda includes adopting FY26 audited financial statements, declaring a final dividend of Rs.10 per share (face value Rs.10), and re-appointing Mr. Sujeeth Pai as Whole Time Director. Members will also approve appointment of M/s J. B. Bhave and Co as Secretarial Auditor for 5 years (FY27 to FY31), material related party transactions with several SKF group entities (AB SKF Sweden, SKF India, SKF Germany, SELIPL, SKF Sverige, SKF Asia Pacific), and remuneration for Cost Auditors and Independent Director Gopal Subramanyam.

Likely market impact

Final dividend of Rs.10 per share pending shareholder approval. Multiple group company transactions seek member consent at AGM. Routine governance items.