SKF India Limited — Others, 09-07-2025: Shareholders meeting

SKF India Limited has announced a board meeting to approve and declare a final dividend of Rs. 14.5 per equity share for FY 2024-25. The company also proposes re-appointment of Mr. Karl Robin Joakim Landholm as a director. It seeks shareholder approval for material related party transactions (RPTs) with SKF GmbH (up to MINR 8,834.1), SKF Asia Pacific Pte Ltd (up to MINR 5,149.5), and SKF Engineering and Lubrication India Pvt Ltd (up to MINR 11,243.5, including loans up to MINR 1,300). These RPTs cover purchases, sales, services, reimbursements, and loans conducted at arm’s length and in the ordinary course of business. The company also proposes appointment of M/s J.B. Bhave & Co. as Secretarial Auditors for five years and ratification of Cost Auditor remuneration of Rs. 4.5 lakh for FY 2025-26. Additionally, approval is sought for a higher remuneration of Rs. 36.87 lakh payable to Mr. Gopal Subramanyam, Non-Executive Independent Director, exceeding 50% of total Non-Executive Directors’ pay. Voting facilities will be provided via remote e-voting and during the AGM held through video conferencing.