Mukund Vasudevan has resigned from his position as Managing Director of SKF India Limited, effective from the closure of business hours on September 30, 2025. The resignation is attributed to restructuring within the management team following the company’s demerger. The SKF India board has acknowledged his resignation, which marks a significant transition in the company’s leadership structure.
Leadership Change at SKF India
SKF India Limited has announced the resignation of Mukund Vasudevan from his role as Managing Director. The resignation, tendered on September 30, 2025, comes as the company undergoes restructuring due to a demerger.
Reason for Resignation
According to the official statement, Mr. Vasudevan’s departure is a direct result of the ongoing management restructuring prompted by the demerger of the Company. This strategic shift necessitates changes in leadership roles to align with the new organizational structure.
Effective Date
The resignation of Mr. Mukund Vasudevan is effective from the close of business hours on September 30, 2025. The SKF India Board of Directors formally acknowledged the resignation during a meeting held on the same day.
Letter of Resignation Details
In his resignation letter dated September 26, 2025, Mr. Vasudevan confirmed that his decision was solely due to the restructuring and expressed gratitude to the Board Members for their support. He also requested the company to complete all necessary formalities related to his resignation.
Source: BSE
