SKF India Limited has formally confirmed the appointment of three Additional Directors—Mr. Antonio Molle, Mr. Bastian Thomas, and Mr. Magnus Lennart Prick—following shareholder approval via Postal Ballot concluded on March 17, 2026. All three appointments are effective retrospectively from January 13, 2026. The directors are classified as Non-Executive and Non-Independent, with detailed profiles provided in the associated annexures.
Formal Confirmation of Board Appointments
SKF India Limited issued a regulatory disclosure confirming the final approval of three key appointments to its Board of Directors. The approval was secured through a Postal Ballot process that concluded on March 17, 2026, subsequent to an earlier intimation made on January 10, 2026, regarding the nomination.
The appointments, effective from January 13, 2026, include:
- Mr. Antonio Molle (DIN: 11400478)
- Mr. Bastian Thomas (DIN: 11414682)
- Mr. Magnus Lennart Prick (DIN: 11342653)
All three individuals have been appointed as Non-Executive, Non-Independent Directors.
Director Profile Highlights
Mr. Antonio Molle
Mr. Molle currently serves as the SKF Group Global Operations Director for Automotive Global Operations Director. He brings over 30 years of experience within the SKF Group, starting in 1994, with expertise in due diligence, restructuring, and lean manufacturing. He holds a degree in Mechanical Engineering from Cassino University and a Doctoral thesis in Thermodynamic machines.
Mr. Bastian Thomas
Mr. Thomas holds a degree in Business Engineering from the University of Applied Science, Munich. Currently, he is the Director – Head of Sales Americas, EMEA & India, leading sales organization functions globally. He possesses over 20 years of experience, having previously held roles at organizations including the BMW Group, TQ Group, and Volvo Cars before joining SKF in September 2024.
Mr. Magnus Lennart Prick
Mr. Prick currently serves as Head of Automotive Corporate Legal. He holds a Master of Laws (LL.M.) in corporate law from the University of Gothenburg. His experience spans over 15 years in business law, covering corporate matters, M&A, governance, and commercial contracts. He was previously associated with Volvo Cars and Volvo Group.
The terms of appointment for all three directors are governed by the existing Agreement/Company Policy.
Source: BSE
