Sujeeth Pai elevated to Managing Director of SKF India from Sept 1

Kmp ResignedManagement Changes View source PDF Explain this filing

SKFINDUS · price

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Price reactionminutes from the announcement price · days from the prior close

-3.5%Reaction day

₹3048.00

prior close

₹3024.70

announcement price

In-mkt

timing

Nifty Microcap 250market-1.0%-2.5% vs market

Abrasives & Bearings peers, median of 6sector-0.2%-3.3% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 3.3 pts less than its Abrasives & Bearings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-1.2

15m

-1.2

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.5-1.0-2.5-0.2-3.3

Next day

-1.6-1.5-0.0-2.3+0.7

+0.6-0.9+1.5-1.0+1.6

-2.0-0.3-1.7-0.5-1.5

-0.9+0.1-1.1+0.5-1.4

-2.3+0.7-2.9-0.5-1.7

-4.4+0.3-4.7+1.8-6.2

15d

-4.7+1.0-5.6+6.1-10.7

-11.9-2.4-9.5+1.0-12.9

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UpDownMarket · Nifty Microcap 250Sector · Abrasives & Bearings peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SKF India (Industrial) Ltd has elevated Mr. Sujeeth Pai from Whole-Time Director to Managing Director effective September 1, 2026, for a 5-year term subject to shareholder approval. He replaces Mr. Mukund Vasudevan, who stepped down due to an internal role change within the SKF Group. Mr. Pai has 20 years of experience, a Mechanical Engineering degree, and an MBA from ISB Hyderabad.

Likely market impact

Continuity assured as Mr. Pai is an internal promotion. Shareholder approval needed within 3 months. No governance red flags.