SKF India Limited announced on 13th May 2026 that its Board of Directors, at its meeting held on the same date, took note of the resignation of Ms. Aashi Arora as Interim Chief Financial Officer (Interim CFO) and Key Managerial Personnel of the company. The resignation is effective from 14th May 2026 and was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

The disclosure was made in accordance with Regulation 30 of SEBI LODR, read with Clause 7 & 7(c), Para A of Part A of Schedule III, and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026. The key details of the change in Key Managerial Personnel are as follows:

Resignation Letter Highlights

In her resignation letter dated 6th May 2026, Ms. Aashi Arora stated that her departure as Interim CFO and Key Managerial Personnel is solely due to the conclusion of her interim assignment and a change in her role within the organisation. She confirmed there is no other material reason for her resignation beyond what has been stated.

Key points from the resignation letter include:

• Ms. Aashi Arora will continue to be part of SKF India Limited in a different capacity following her cessation as Interim CFO.
• She expressed commitment to ensuring a smooth transition by completing pending responsibilities and assisting in the handover of tasks.
• She thanked the Board Members and Management Team for their support and guidance during her tenure as CFO.
• She requested the company to initiate all necessary formalities, including informing regulatory authorities, to formalise her discontinuance as Interim CFO and Key Managerial Personnel.

Regulatory Compliance

The announcement was made by Mayuri Kulkarni, Company Secretary & Compliance Officer of SKF India Limited, and was communicated to both the National Stock Exchange of India Limited and BSE Limited on 13th May 2026. The company has requested both exchanges to take the information on record and disseminate it on their respective websites.

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.