SKFINDIANSESKF India Limited· BearingsHighPositive
Announced Wed, 13 May · 23:57 IST

The Board recommend to the members a final dividend of Rs. 40/- per equity share for the financial year ended 31st March 2026 subject to the approval of the Members at the ensuing Annual General Meeting.

Corporate Actions View source PDF

SKFINDIA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹1720.00
prior close
₹1699.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-2.0-1.9-0.4-1.7-3.5-4.1-4.1-1.5-2.3-5.9-4.6-8.8
Up moveDown movePending
AI summary

SKF India Limited's Board meeting on 13 May 2026 approved Q4 and annual standalone/consolidated financial results for FY 2025-26 with an unmodified audit opinion from Deloitte Haskins & Sells LLP. The Board recommended a final dividend of Rs. 40 per equity share for FY 2025-26, subject to shareholder approval at the 65th AGM scheduled for 14 August 2026. The record date for dividend entitlement is 3 July 2026, with payment to be made within 30 days of the AGM. Key management changes include the resignation of Ms. Aashi Arora as Interim CFO (effective 14 May 2026) and the appointment of Mr. Mayank Holani as the new CFO, also effective 14 May 2026. Mr. Prahlada GirishKumar was also appointed as a member of the Senior Management Team.

Likely market impact

The recommended Rs. 40 dividend signals a shareholder-friendly stance, and the clean audit opinion supports financial credibility. The leadership transition at CFO level appears routine, with limited near-term share price impact expected.