Schaeffler India has informed that basis the recommendation of the Nomination and Remuneration Committee of the Board of Directors of the Company, the Board of Directors by way of resolution passed by way of circulation on December 11, 2024 has approved re-appointment of Amit Kalyani (DIN: 00089430), as Non-Executive Independent Director of the Company for second term of 5 (Five) consecutive years effective from February 11, 2025, up to February 10, 2030, subject to the approval of shareholders of the Company. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, for the re-appointment of Kalyani including his profile are enclosed as Annexure A to this letter; In accordance with the provisions of section 175 of the Companies Act, 2013, the Board of Directors of the Company, vide its resolution passed by way of circulation on December 11, 2024, has approved the Notice of the Postal Ballot for the following matter - Re-appointment of Amit Kalyani (DIN: 00089430) as Non-Executive Independent Director of Schaeffler India Limited for the second term of 5 (five) consecutive years effective from February 11, 2025 up to February 10, 2030 (Special Resolution).
The above information is a part of company’s filings submitted to BSE.