SKFINDUSBSESKF India (Industrial) LtdLowNeutral
Announced Wed, 13 May · 24:10 IST

Appointment of Secretarial Auditors M/s J B Bhave & Co. Company Secretaries, for a term of 5 Years i.e. 2026-27 to 2030-2031.

Management Changes View source PDF

SKFINDUS · price

Loading chart…

▲ 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
+5.8%1-day move
₹2032.00
prior close
₹2099.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-2.0-2.3-3.4+5.8+1.0+1.9+3.6+1.4+2.5+18.7+22.0+35.8
Up moveDown movePending
AI summary

SKF India (Industrial) Ltd has appointed M/s J B Bhave & Co, a peer-reviewed firm of Practicing Company Secretaries, as its Secretarial Auditors for a term of 5 years from Financial Year 2026-27 to 2030-31. The appointment was approved by the Board of Directors on 12 May 2026 based on the recommendation of the Audit Committee. The appointment is subject to approval from shareholders at the ensuing Annual General Meeting. M/s J B Bhave & Co is a Pune-based firm led by Mr. Jayavant B. Bhave who has over 30 years of experience at the corporate managerial level.

Likely market impact

This is a routine governance appointment with no immediate impact on shareholders. The appointment follows standard regulatory requirements under Section 204 of the Companies Act, 2013 and SEBI (LODR) Regulations. It ensures continued compliance oversight but does not signal any change in company performance or strategy.