SKF India Appoints M/s. J B Bhave & Co as Secretarial Auditors for FY 2026-27 to 2030-31
SKF India (Industrial) Limited has appointed M/s. J B Bhave & Co, a peer-reviewed Pune-based firm of Practicing Company Secretaries, as its Secretarial Auditors for five consecutive years from FY 2026-27 to 2030-31. The appointment was approved by the Board of Directors on 12th May 2026, pursuant to Section 204 of the Companies Act, 2013, and is subject to member approval at the ensuing Annual General Meeting.
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SKF India (Industrial) Limited has announced the appointment of M/s. J B Bhave & Co as its Secretarial Auditors, following approval by the Board of Directors at their meeting held on 12th May 2026. The appointment was made pursuant to Section 204 of the Companies Act, 2013, read with Regulation 24 of the SEBI (LODR) Regulations, and was based on the recommendation of the Audit Committee of the Company.
Appointment Details
The Board has approved the engagement of M/s. J B Bhave & Co, a peer-reviewed firm of Practicing Company Secretaries (Firm Reg. No. S1999MH025400), for a term of five consecutive years. The appointment is subject to the approval of members at the ensuing Annual General Meeting of the Company. The key details of the appointment are outlined below:
| Parameter: | Details |
|---|---|
| Firm Name: | M/s. J B Bhave & Co |
| Firm Registration No.: | S1999MH025400 |
| Role: | Secretarial Auditors |
| Date of Appointment: | 12th May 2026 |
| Appointment Term: | Five consecutive years |
| Term Period: | Financial Year 2026-27 to 2030-31 |
| Subject To: | Approval of members at the ensuing Annual General Meeting |
Profile of the Appointed Firm
M/s. J B Bhave & Co is a renowned firm of Company Secretaries in Whole Time Practice, based at Pune in the State of Maharashtra, India. The firm provides secretarial, legal, and business solutions through a team of professionals. Mr. Jayavant B. Bhave, the principal of the firm, has more than 30 years of experience at the corporate managerial level, in addition to being registered as a Company Secretary in whole-time practice.
Regulatory Compliance
The disclosure has been made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 and SEBI Circular No. SEBI/HO/CFD/CFDPoD-2/CIR/P/2024/185 dated 31st December 2024. The intimation was submitted to both the National Stock Exchange of India Limited and BSE Limited. The Company Secretary and Compliance Officer, Poorva Bang, signed the disclosure on behalf of SKF India (Industrial) Limited, which is registered at Chinchwad Gaon, Chinchwad, Pune 411033, Maharashtra, India.
How might the five-year tenure of M/s. J B Bhave & Co as Secretarial Auditors influence SKF India's long-term corporate governance practices and compliance framework?
What potential findings or recommendations from the new Secretarial Auditors could impact SKF India's regulatory standing or operational strategies during FY2026-31?
Could the appointment of a Pune-based secretarial audit firm signal SKF India's broader strategy to strengthen its local compliance infrastructure ahead of any planned expansions or restructuring?
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