Meeting Details

  • Date: Friday, 14th August 2026
  • Time: 01:00 P.M. to 02:48 P.M. (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM), hosted from the company's Registered Office at Chinchwad, Pune-411033, Maharashtra, India.
  • Type: 65th Annual General Meeting

Attendance

  • Total Shareholders on Cut-off Date (07th August 2026): 72,125
  • Shareholders Present via VC: 73 (1 Promoter Shareholder, 72 Public Shareholders)
  • Directors Present: 6 Directors
  • Key Managerial Personnel Present: 3 (Managing Director, Chief Financial Officer, Company Secretary)
  • Auditors Present: 3 (Including Statutory Auditors, Secretarial Auditors, Cost Auditors)

Proposed Resolutions and Outcomes

All eight resolutions set forth in the AGM notice were approved by the equity shareholders with the requisite majority. The business included:

Ordinary Business

1. Adoption of Financial Statements: To receive, consider and adopt:

  • The Audited Standalone Financial Statements for FY ended 31st March 2026 together with Reports of the Board of Directors and the Auditors.
  • The Audited Consolidated Financial Statements for FY ended 31st March 2026 together with the Report of the Auditors.
  • Type: Ordinary Resolution | Result: Passed

2. Final Dividend Declaration: To approve and declare a final dividend of INR 40 per equity share (face value ₹10 each) for FY 2025-26.

  • Type: Ordinary Resolution | Result: Passed

3. Director Re-appointment: To appoint Mr. Magnus Lennart Prick (DIN: 11342653), a Non-Executive, Non-Independent Director who retires by rotation, offering himself for re-appointment.

  • Type: Ordinary Resolution | Result: Passed

Special Business

4. Material Related Party Transaction: To approve Material Related Party Transactions with SKF India (Industrial) Limited.

  • Type: Ordinary Resolution | Result: Passed

5. Material Related Party Transaction: To approve Material Related Party Transactions with SKF GmbH.

  • Type: Ordinary Resolution | Result: Passed

6. Cost Auditor Remuneration: To Ratify the Remuneration of the Cost Auditor for the Financial Year 2026-27.

  • Type: Ordinary Resolution | Result: Passed

7. Non-Executive Director Commission: To consider and approve Remuneration to Non-Executive Directors by way of Commission.

  • Type: Special Resolution | Result: Passed

8. Director Remuneration Approval: To consider and approve the remuneration payable to Mr. Gopal Subramanyam (DIN: 06684319), a Non-Executive, Independent Director, in excess of 50% of the total remuneration of Directors of the Company for FY 2025-26.

  • Type: Special Resolution | Result: Passed

Voting Process

  • Method: Electronic voting system at the AGM.
  • Remote e-Voting Period: From 11th August 2026 (9:00 A.M. IST) to 13th August 2026 (5:00 P.M. IST).
  • Voting at Meeting: Members participating in the meeting who had not cast votes remotely were provided an opportunity to vote through e-voting during the meeting.
  • Scrutinizer: Mr. Jayavant Bhave of M/s. J. B. Bhave & Co., Practicing Company Secretaries, was appointed to scrutinize the voting process in a fair and transparent manner.
  • Eligibility: Shareholders on the Register of Members as of the cut-off date, 07th August 2026.
  • Voting Facility Closure: The voting facility was kept open until 15 minutes after the conclusion of the meeting proceedings (02:48 P.M. IST).

Key Voting Outcomes

The detailed results of the voting, including total votes cast, percentage in favor and against, and participation breakdown by shareholder category (Promoters, Public, Institutions), were not provided in this specific document. The company stated that the results would be declared after receiving a consolidated report from the Scrutinizer and would be disclosed to the Stock Exchanges and made available on the company's website (https://www.skf.com/in/investors/skf-india-ltd) and NSDL's website (www.evoting.nsdl.com) within the prescribed time limits of SEBI LODR.

Scrutinizer's Role

The Scrutinizer, Mr. Jayavant Bhave, was responsible for scrutinizing the entire voting process to ensure it was conducted in a fair and transparent manner. His consolidated report will form the basis for the official declaration of results.

Compliance Confirmation

The meeting was conducted in compliance with:

  • The Companies Act, 2013.
  • Applicable general circulars issued by the Ministry of Corporate Affairs.
  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • Other applicable SEBI Circulars.
  • The Secretarial Standard on General Meetings (SS-2) issued by the Institute of Company Secretaries of India.

It was confirmed that the Company made all feasible efforts to enable member participation via video conferencing.

Other Procedural Information

  • The Notice of the AGM dated 01st July 2026 was enclosed as Annexure-A.
  • The Annual Report for FY 2025-26 and the AGM Notice were dispatched to members electronically on 16th July 2026.
  • Physical copies were sent to members without registered email addresses on the same date.
  • The Register of Directors & Key Managerial Personnel, their shareholding, and the Register of Contracts were available for electronic inspection.
  • The Chairperson confirmed there were no qualifications or adverse remarks in the Auditors' Report or Secretarial Audit Report.
  • A question-and-answer session was held for registered 'Speaker' members, addressed by the Managing Director, CFO, Head of Strategy, and Company Secretary.