Pursuant to Regulation 30 and other applicable provisions of SEBI LODR read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 and company s policy on Determination of materiality of events for disclosure to the stock exchanges, we wish to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors in its meeting held on 13th May 2026 has considered and approved the appointment of Mr. Mayank Holani as Chief Financial Officer of the company w.e.f. 14th May, 2026

SKF India Limited's Board of Directors has appointed Mr. Mayank Holani as Chief Financial Officer (CFO) effective May 14, 2026. He replaces Ms. Aashi Arora, who resigned citing conclusion of her interim assignment and a change in her role within the organization. Mayank Holani brings over 23 years of experience including 6 years as CFO, having previously served as CFO at Indian Synthetic Rubber Private Limited (a joint venture between IndianOil and TSRC Corporation, Taiwan). Prior to that, he spent 12 years at Schneider Electric India, including as CFO for the listed entity Schneider Electric Infrastructure Limited. He is a fellow member of ICAI and holds qualifications including a PG in Commerce, Diploma in Information Systems Audit (ICAI), and Diploma in IFRS (ACCA UK). He is not related to any directors, KMPs, or promoters of the company.