Nature of the Disclosure

This is a regulatory filing by SKF India (Industrial) Limited to the National Stock Exchange of India Limited (NSE) and BSE Limited, detailing the voting results of a postal ballot conducted by the company. The filing is made pursuant to Regulation 30 and 44(3) of the SEBI LODR and Sections 108 and 110 of the Companies Act, 2013.

Key Resolutions and Outcomes

The company sought shareholder approval for two ordinary resolutions via a remote e-voting process. The voting commenced on Wednesday, 16th September 2026, at 9:00 a.m. (IST) and concluded on Thursday, 15th October 2026, at 5:00 p.m. (IST). Based on the Scrutinizer's report, both resolutions were duly approved by the members with the requisite majority.

Resolution 1: To approve the change in designation of Mr. Sujeeth Pai (DIN: 07763929) from Whole-Time Director to Managing Director of the Company, effective 1st September 2026, for a consecutive term of 5 (five) years and to approve the remuneration payable to him.

Resolution 2: To consider and approve the appointment of Mr. Mukund Vasudevan (DIN: 05146681) as a Non-Executive Director of the Company.

The promoter and promoter group were not interested in either resolution.

Detailed Voting Results

Resolution 1: Appointment of Mr. Sujeeth Pai as Managing Director

  • Total Votes Polled: 41,133,196 out of 49,437,963 outstanding shares (83.2016% turnout).
  • Votes in Favor: 41,031,735 (99.7533% of votes polled).
  • Votes Against: 101,461 (0.2467% of votes polled).
  • Invalid Votes: 0.
  • Promoter & Promoter Group Vote: Unanimously in favor (25,992,059 votes).

Resolution 2: Appointment of Mr. Mukund Vasudevan as Non-Executive Director

  • Total Votes Polled: 41,133,197 out of 49,437,963 outstanding shares (83.2016% turnout).
  • Votes in Favor: 41,030,377 (99.7500% of votes polled).
  • Votes Against: 102,820 (0.2500% of votes polled).
  • Invalid Votes: 0.
  • Promoter & Promoter Group Vote: Unanimously in favor (25,992,059 votes).

Scrutinizer's Report

Mr. Jayavant B. Bhave (FCS: 4266, CP: 3068) of J. B. Bhave & Co., Company Secretaries, was appointed as the Scrutinizer. His report, dated 15th October 2026, confirms the following:

  • The cut-off date for determining members entitled to vote was Friday, 4th September 2026.
  • The e-votes were unblocked in the presence of two witnesses, Ishaan Kelkar and Shruti Kate, at 5:39 PM on 15th October 2026.
  • The results downloaded from the NSDL e-voting system (https://www.evoting.nsdl.com) match the figures declared by the company.
  • For Resolution 1, 421 members voted in favor, and 13 voted against.
  • For Resolution 2, 409 members voted in favor, and 31 voted against.

The Scrutinizer confirmed that both resolutions were passed as Ordinary Resolutions.

Enclosures and Website Upload

The filing includes the results in the prescribed format (Annexure A) and the full Scrutinizer's Report (Annexure B). These documents have also been uploaded to the company's website at https://www.skf.com/in/investors/skf-india-industrial-ltd/shareholder-information.

Company Secretary & Compliance Officer: Poorva Bang