SKF India announced its audited financial results for the fourth quarter and the financial year ended March 31, 2026. The Board of Directors recommended a final dividend of ₹40 per equity share, subject to shareholder approval. Additionally, the company announced key leadership changes, including the appointment of Mayank Holani as the new Chief Financial Officer, following the resignation of Aashi Arora, and the appointment of Prahlada GirishKumar to the senior management team.
Annual Financial Performance
SKF India has finalized and approved its standalone and consolidated financial results for the fourth quarter (January–March 2026) and the full financial year ended March 31, 2026. The company confirmed that its statutory auditors, M/s. Deloitte Haskins & Sells LLP, have issued audit reports with an unmodified opinion, indicating clear and accurate financial reporting for the period.
Dividend Declaration
Reflecting the company’s performance, the Board of Directors has recommended a final dividend of ₹40 per equity share. This dividend payout is subject to the approval of shareholders at the upcoming 65th Annual General Meeting (AGM), which is scheduled to be held on Friday, August 14, 2026, via video conferencing.
Leadership Transitions
The company announced significant updates to its leadership team effective May 14, 2026. Mayank Holani has been appointed as the new Chief Financial Officer (CFO), taking over responsibilities from Aashi Arora, who resigned due to the conclusion of her interim assignment. Furthermore, Prahlada GirishKumar, Head of Strategy and Special Projects, has been elevated to the company’s Senior Management Team to support the firm’s strategic growth initiatives.
AGM and E-Voting Details
The record date for determining shareholder eligibility for the dividend and participation in the AGM has been set for Friday, July 3, 2026. Shareholders are invited to cast their votes electronically, with the remote e-voting window opening on Tuesday, August 11, 2026, and closing on Thursday, August 13, 2026.
Source: BSE
