SKFINDIANSESKF India Limited· BearingsMediumNeutral
Announced Thu, 15 May · 23:41 IST

Based on the recommendation of the Audit Committee, the Board of Directors, at its meeting held on 15th May 2025, has appointed M/s Samdani & Co, Chartered Accountants (Firm Reg. no. 142734W) as Tax and GST Auditors of the Company for the Financial Year 2024-25.

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AI summary

SKF India Limited's Board of Directors, at its meeting on 15th May 2025, appointed M/s Samdani & Co, Chartered Accountants (Firm Reg. no. 142734W) as the company's Tax and GST Auditors for Financial Year 2024-25. The appointment was made on the recommendation of the Audit Committee and is in compliance with Section 44AB of the Income Tax Act, 1961. M/s Samdani & Co was formed in 2016 and provides audit, litigation, and financial advisory services. This is a routine annual appointment to meet tax audit requirements under Indian law.

Likely market impact

This is a routine regulatory compliance matter with no material impact on shareholders or the stock price. It does not affect the company's statutory auditor or governance structure.