SKF India has announced the appointment of Mr. Prahlada GirishKumar, Head - Strategy and Special Projects, as a member of its Senior Management Team, effective 14th May 2026. The decision was taken by the Board of Directors at its meeting held on 13th May 2026, based on the recommendation of the Nomination and Remuneration Committee, and has been disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The key details of the appointment are summarised below:

Profile of Mr. Prahlada GirishKumar

Mr. Prahlada GirishKumar holds a Bachelor of Engineering (B.E.) in Mechanical Engineering from PES College of Engineering, University of Mysore. He brings over 33 years of industry leadership experience, characterised by an entrepreneurial approach and a founder mindset.

Within SKF India, Mr. GirishKumar spearheads the Product Portfolio and Business Intelligence for SKF's Automotive OEM business in India, driving long-term profitable growth through technical innovation, commercial excellence, and strategic planning. As a member of the SKF India Automotive management team, he has been instrumental in strengthening the organisation's full value chain — optimising engineering, manufacturing, and supply chain capabilities while fostering an agile, collaborative culture.

Leadership Roles and Key Contributions

Mr. GirishKumar has held several high-impact leadership positions at SKF India, including:

• Head of Business Line for India and Southeast Asia
• Head of Automotive Application Engineering
• Key Architect of the SKF Global Technical Centre (GTCI), where he established global engineering delivery processes and operationalised the Product Engineering functions for Automotive and Industrial businesses
• Leadership of Quality-critical functions including Standards Room/Metrology Operations, Production Line Gauge Resetting (SMED), and advanced process optimisation for Quality and Productivity using statistical methods

His strategic vision is anchored in the RACE Strategy framework:

• Reducing CO2 through low-friction, sustainable innovation
• Accelerating growth via data-driven value selling
• Building world-class Capability and capacity
• Executing with speed and agility in a rapidly evolving market

Career Background

Mr. GirishKumar began his career at Buhler India Limited as a Graduate Engineer Trainee, where he managed greenfield project commissioning. He subsequently held senior roles at ACE Designers Limited before his long-standing leadership tenure at SKF India. His areas of expertise include Strategy Planning and Execution, Business Management, Innovation and Product Management, Enterprise Risk Management, ESG, and Sustainability.

Mr. GirishKumar is not related to any of the Directors, Key Managerial Personnel, or Promoters of SKF India, as disclosed in the regulatory filing.

SKF India Limited has filed its Annual Secretarial Compliance Report for the financial year ended 31st March 2026 with the stock exchanges on 14th May 2026. The report has been submitted pursuant to Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the relevant SEBI Master Circular and applicable stock exchange circulars. The compliance report was prepared and issued by the company's Secretarial Auditor, M/s. J. B. Bhave & Co., Company Secretaries, Pune, represented by Proprietor Jayavant B. Bhave (FCS: 4266, CP: 3068).

Scope of Examination

The Secretarial Auditor examined all documents, records, filings, and submissions made by SKF India to the stock exchanges, as well as the company's website and other relevant documents for the review period ended 31st March 2026. The examination covered compliance with the following key regulations:

• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (to the extent applicable during the review period)
• SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• SEBI (Prohibition of Insider Trading) Regulations, 2015
• SEBI (Depositories and Participants) Regulations, 2018
• SEBI (Registrars to an Issue and Share Transfer Agents) Regulations, 2025 (to the extent applicable during the review period)
• SEBI (Buyback of Securities) Regulations, 2018 (not applicable during the review period)
• SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (not applicable during the review period)
• SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 (not applicable during the review period)
• SEBI (Delisting of Equity Shares) Regulations, 2021 (not applicable during the review period)

Compliance Status: Key Findings

The auditor confirmed that SKF India complied with all applicable SEBI regulations and circulars during the review period, with no deviations, penalties, or enforcement actions recorded. The following table summarises the compliance status across key regulatory parameters:

Related Party Transactions: Auditor Observation

The auditor noted a partial deviation in the area of related party transactions. While SKF India obtained prior approval of the Audit Committee for most related party transactions, a few transactions were subsequently approved or ratified by the Audit Committee during the review period rather than receiving prior approval. The company confirmed that these transactions were subsequently ratified, and the auditor acknowledged this in the compliance report. No deviations or observations were carried forward from the previous secretarial compliance report for the year ended 31st March 2025.

No Regulatory Actions or Penalties

The auditor confirmed that no actions were taken against SKF India, its promoters, directors, or subsidiaries by SEBI or the stock exchanges during the review period. The company recorded nil deviations, nil fines, and nil violations across all applicable compliance requirements examined. The report was signed by Jayavant B. Bhave, Proprietor of M/s. J. B. Bhave & Co., on 13th May 2026 at Pune, bearing UDIN: F004266H000341691 and P.R. No.: 7781/2026.

Scope Limitations

The auditor noted that the report is based solely on examination of relevant documents and information and does not constitute an audit or expression of opinion. The correctness and appropriateness of financial records and books of account were not verified as part of this exercise. The report is intended solely for compliance purposes under Regulation 24A(2) of the SEBI (LODR) Regulations, 2015 and does not represent an assurance on the future viability of the company or the efficacy of management conduct.