Pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI LODR ), we are submitting herewith the following details with regard to voting results for the resolutions passed by the members of the Company with the requisite majority in terms of applicable provisions of Companies Act, 2013 and that of SEBI (LODR) by Postal Ballot Notice dated 20th March 2025.
SKFINDIA · price
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Awaiting price reaction for this filing.
SKF India Limited has announced the results of its postal ballot conducted via remote e-voting from April 1 to April 30, 2025. Shareholders approved two ordinary resolutions with overwhelming majority: (1) Appointment of Mr. Shailesh Kumar Sharma (DIN: 09493881) as Director with 99.82% votes in favour (41.30 million shares for, 76,380 against), and (2) Appointment of Mr. Shailesh Kumar Sharma as Whole-time Director for a 5-year term with 99.53% votes in favour (41.17 million shares for, 196,169 against). The promoter group (25.99 million shares) voted 100% in favour of both resolutions. Public institutions supported both resolutions at over 98.7%, while public non-institutions voted 98.26% and 97.91% in favour respectively. The voting process was scrutinized by Mr. Jayavant Bhave of J.B. Bhave & Co., Company Secretaries, who confirmed both resolutions passed with the requisite majority.
This is a routine governance filing confirming board-level appointments with near-unanimous shareholder support, including full backing from the promoter group. No material impact on stock price is expected; the result simply formalises Mr. Sharma's leadership role at the company.