Nature of change: Appointment as Additional Director (Non-Executive Non-Independent Director)
Name and DIN: Mr. Christophe Hannequin (DIN: 11696328)
Effective date: July 1, 2026
Tenure: Liable to retire by rotation, subject to shareholder approval in the ensuing Annual General Meeting or within 3 months from date of appointment
Profile: Graduated from Bordeaux Graduate School of Management (KEDGE) France in 1999 with Master of Science. Earned MBA from Wake Forest University School of Business (Babcock) USA. Began career with Saint Gobain Sekurit as Director of Finance and Administration (USA and Canada). Joined Michelin and held various management positions primarily in finance in USA, Canada, and France. Last role at Michelin was CFO for global Business Line Service and Solutions. Was Group Chief Financial Officer at JCB Group in Great Britain. Joined Schaeffler Group in January 2025 as Chief Financial Officer (CFO) of Schaeffler Group with responsibility for Finance and IT, and is a member of the Executive Board of Schaeffler AG.
Eligibility: Not debarred from holding office of Director by virtue of any SEBI order or any other authority. No inter-se relationship with any other Director of the Company.
Appointment of Mr. Chetan Kumar Maini
Nature of change: Appointment as Additional Director (Non-Executive Independent Director)
Name and DIN: Mr. Chetan Kumar Maini (DIN: 01612229)
Effective date: July 1, 2026
Tenure: 5 consecutive years from July 1, 2026 to June 30, 2031, not liable to retire by rotation, subject to shareholder approval in the ensuing Annual General Meeting or within 3 months from date of appointment
Profile: Bachelor of Engineering in Mechanical Engineering from University of Michigan (1992), Master's degree from Stanford University (1993). Regarded as a key individual in India's electric mobility ecosystem and recognized as one of the early pioneers of electric vehicles in India. Currently on the Board of various Maini Group of Companies in India, Mauritius and Singapore, focusing on electric mobility technologies, electric powertrain & vehicle integration solutions and EV battery swapping infrastructure primarily for three-wheelers, two-wheelers and specialized EV applications. Actively defines business direction, sets output expectations, participates in key financial decisions, and reviews progress of Maini Group of Companies. Honored as Young Global Leader by World Economic Forum and received numerous accolades for contribution to 'Make in India' initiative and clean energy.
Eligibility: Not debarred from holding office of Director by virtue of any SEBI order or any other authority. No inter-se relationship with any other Director of the Company.
Any Other Material Information
Approval Process: Both appointments were approved by the Board of Directors via circular resolution passed on June 26, 2026, based on the recommendation of the Nomination and Remuneration Committee
Postal Ballot Notice: The Board approved a Notice of Postal Ballot to seek shareholder approval for:
Appointment of Mr. Christophe Hannequin as Non-Executive Non-Independent Director (Ordinary Resolution)
Appointment of Mr. Chetan Kumar Maini as Independent Director (Special Resolution)
Regulatory Compliance: Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015
Company Details: Schaeffler India Limited, CIN: L29130PN1962PLC204515, Registered Office: 15th Floor, (ASTP) Amar Sadanand Tech Park, Baner, Pune, Maharashtra, India - 411045
