SKF India has announced its financial results for the quarter and year ended March 31, 2026. The board has recommended a final dividend of ₹40 per equity share, subject to shareholder approval. Additionally, the company confirmed key leadership transitions, including the appointment of a new Chief Financial Officer, and provided updates regarding the upcoming 65th Annual General Meeting scheduled for August 14, 2026.
Financial Performance and Dividends
The Board of Directors has reviewed and approved the audited standalone and consolidated financial results for the quarter and the financial year ended March 31, 2026. The results have received an unmodified opinion from the statutory auditors. Reflecting on the company’s performance, the Board has recommended a final dividend of ₹40 per equity share for the fiscal year, pending approval from members at the upcoming Annual General Meeting.
Annual General Meeting Details
The 65th Annual General Meeting is set to be held via video conferencing on August 14, 2026, at 1:00 p.m. IST. Shareholders are notified that July 3, 2026, has been fixed as the record date for determining eligibility for the dividend and participation in the meeting. Remote e-voting for the meeting will be available to shareholders starting from August 11, 2026, through August 13, 2026.
Leadership Transitions
The company announced significant changes to its management team effective May 14, 2026. Ms. Aashi Arora has resigned as the Interim Chief Financial Officer following the conclusion of her assignment. Simultaneously, the company has appointed Mr. Mayank Holani as the new Chief Financial Officer. Furthermore, Mr. Prahlada GirishKumar has been appointed as a member of the Senior Management Team, serving as the Head of Strategy and Special Projects.
Operational Appointments
In addition to executive leadership changes, the board has approved the appointment of M/s Joshi Apte and Associates as the Cost Auditors for the financial year 2025-26, ensuring continued compliance and financial oversight for the company’s operational activities.
Source: BSE
