Schaeffler India Limited has announced the appointment of Mr. Christophe Hannequin as an Additional Director (Non-Executive Non-Independent) and Mr. Chetan Kumar Maini as an Additional Director (Non-Executive Independent). Both appointments were approved by the Board via circular resolution on June 26, 2026, effective July 1, 2026. Shareholder approval for these appointments will be sought through a postal ballot notice.
Board Appointments at Schaeffler India
Schaeffler India Limited has officially announced key board appointments following circular resolutions passed on June 26, 2026. The company is set to welcome Mr. Christophe Hannequin as an Additional Director, designated as Non-Executive Non-Independent. Concurrently, Mr. Chetan Kumar Maini has been appointed as an Additional Director, serving in a Non-Executive Independent capacity. Both appointments are effective from July 1, 2026.
Director Details and Terms
Mr. Christophe Hannequin, identified by DIN 11696328, will serve until the next Annual General Meeting, subject to shareholder approval, and is liable to retire by rotation. His profile highlights extensive experience in finance and management roles, including his current position as CFO of the Schaeffler Group. He has no inter-se relationship with other directors and is not debarred from holding a directorship.
Mr. Chetan Kumar Maini, with DIN 01612229, has been appointed for a tenure of 5 consecutive years, from July 1, 2026, to June 30, 2031. He is not liable to retire by rotation and is recognized for his pioneering work in India’s electric mobility sector. Mr. Maini also holds positions within the Maini Group of Companies and has received accolades for his contributions to the ‘Make in India’ initiative. He has no inter-se relationship with other directors and is compliant with regulatory requirements for directorship.
Shareholder Approval via Postal Ballot
In compliance with the Companies Act, 2013, the Board has also approved a Notice of Postal Ballot. Shareholders will be asked to vote on the proposed appointments: a. To appoint Mr. Christophe Hannequin as a Non-Executive Non-Independent Director (Ordinary Resolution), and b. To appoint Mr. Chetan Kumar Maini as an Independent Director (Special Resolution). This process ensures transparent governance and shareholder participation in significant corporate decisions.
Source: BSE
