Pursuant to Regulation 30 read with Schedule III, Part A, Para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and based on the recommendation of the Audit Committee of the Company, the Board of Directors at its meeting held on 15th May 2025, has approved the appointment of M/s. J B Bhave & Co, a peer-reviewed firm of Practicing Company Secretaries (Firm Reg. No. S1999MH025400), as the Secretarial Auditors of the Company for the term of five consecutive years commencing from Financial Year 2025-26 to 2029-30 for conducting the secretarial audit of the company in accordance with applicable laws and fix their remuneration, subject to the approval of members at the ensuing Annual General Meeting of the Company.
SKFINDIA · price
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The Board of Directors of SKF India, at its meeting on 15th May 2025, approved the appointment of M/s. J B Bhave & Co, a Pune-based peer-reviewed firm of Practicing Company Secretaries, as the company's Secretarial Auditor. The appointment is for a five-year term covering Financial Years 2025-26 to 2029-30. Mr. Jayavant B. Bhave, the lead, has over 30 years of corporate managerial and company secretarial experience. The appointment, based on the Audit Committee's recommendation, is subject to shareholder approval at the upcoming Annual General Meeting.
This is a routine governance compliance disclosure with no material impact on shareholders or stock price. It reflects SKF India adhering to mandatory secretarial audit requirements under the Companies Act, 2013, and signals stable governance practices.