Schaeffler India Limited — Others, 27-02-2025: Change in Director(s)

Schaeffler India Limited's Board has approved the audited consolidated and standalone financial results for the quarter and half-year ended December 31, 2024. A dividend of ₹28 per equity share was declared, pending shareholder approval at the next AGM, scheduled for April 30, 2025. The Board re-appointed Ms. E V Sumithasri as a Non-Executive Independent Director for another five years starting July 15, 2025, and appointed Samdani Kabra & Associates as Secretarial Auditors for five years from January 1, 2025, also subject to AGM approval. This update reflects solid governance and provides a positive outlook, particularly with the dividend proposal enhancing shareholder value.