Andreas Schick has resigned from his position as Non-Executive Non-Independent Director of Schaeffler India Limited, effective close of business hours on March 31, 2026. Schick’s resignation is due to his departure from the Schaeffler Group. The company received his resignation letter on February 6, 2026. There are no material reasons for the resignation other than his exit from the Group.
Director Resignation
Schaeffler India Limited has announced the resignation of Andreas Schick (DIN: 09257160) from his role as Non-Executive Non-Independent Director. The resignation will take effect from the close of business hours on March 31, 2026.
Reason for Departure
The primary reason for Mr. Schick’s resignation is his departure from the broader Schaeffler Group. His resignation letter was officially received by the company on February 6, 2026.
Official Statement
The company has confirmed that there are no other material reasons for the resignation of Mr. Andreas Schick beyond his exit from the Schaeffler Group. The company acknowledged his contributions during his tenure.
Source: BSE
