Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI LODR ) read with clause 7 of Para A of Part A of Schedule III and other applicable provisions of SEBI LODR and the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 and company s policy on Determination of materiality of events for disclosure to the stock exchanges, we wish to inform you that Mr. Mukund Vasudevan (DIN: 05146681) has tendered his resignation as Director (Non-Executive, Non-Independent) of the company w.e.f. the closure of the business hours of 12th January 2026.
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Mr. Mukund Vasudevan (DIN: 05146681) has resigned as a Non-Executive, Non-Independent Director of SKF India Limited, effective from the close of business hours on 12th January 2026. The resignation was tendered on 5th January 2026, citing his other pre-occupations and commitments. Mr. Vasudevan has confirmed that there is no other material reason for his resignation. He also served on board committees, which will need to be reconstituted. The company has been intimated and formalities with the Registrar of Companies will be completed.
This is a routine board-level change involving a non-executive director stepping down for personal commitments. It is unlikely to have a material impact on the company's operations or stock price, though the board may need to fill the vacancy in due course.