Schaeffler India Seeks Shareholder Approval for Two Director Appointments
Schaeffler India Announces Postal Ballot for Director Appointments
Schaeffler India Ltd. has sought shareholder approval through a Postal Ballot for the appointment of two directors to its Board. The company has proposed the appointment of Christophe Hannequin as a Non-Executive Non-Independent Director and Chetan Kumar Maini as an Independent Director.
The Postal Ballot process will be conducted through remote e-voting, with voting scheduled to begin on August 27, 2026, and close on September 25, 2026.
Postal Ballot and E-Voting Details
- Cut-off Date: August 21, 2026
- E-voting Period: August 27 to September 25, 2026
- Voting Platform: NSDL
- Results: Expected by September 28, 2026
Director Appointments
- Christophe Hannequin: Proposed as Non-Executive Non-Independent Director, effective July 1, 2026.
- Chetan Kumar Maini: Proposed as Independent Director for five years, from July 1, 2026, to June 30, 2031.
What to Watch Next
Investors will now watch the outcome of the Postal Ballot and whether shareholders approve both appointments. The final voting results, expected by September 28, will formally determine the two proposed additions to Schaeffler India's Board.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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