Schaeffler India Ltd

Schaeffler India Limited has announced the launch of its fifth annual Schaeffler India Social Innovation Fellowship 2026-27. This initiative aims to empower 10 high-potential social innovators from across India, with a focus on entrepreneurs from Tier II, Tier III, and rural geographies. The program offers financial grants of ₹2 Lakhs each, structured mentorship, industry exposure, and access to innovation ecosystems. Delivered by IIMA Ventures at IIM Ahmedabad, the 24-week cohort program equips fellows with business, impact, and investor readiness. Applications are open from July 15, 2026, to August 31, 2026, targeting individuals aged 18-35 working on solutions for critical development challenges in sectors like healthcare, agriculture, education, and clean energy. The program is implemented by IHFC in partnership with India Accelerator and IIMA Ventures.

Schaeffler India Limited has announced that its Board of Directors will convene on July 22, 2026. The primary agenda item is to consider and approve the Unaudited Financial Results, both standalone and consolidated, for the quarter and half-year ended June 30, 2026. In compliance with SEBI regulations and the company's insider trading code, the trading window for the company's securities will be closed from July 1, 2026, until July 24, 2026, inclusive.

Schaeffler India Limited has launched the 'Second Saksham Niveshak' campaign, sending email communications to shareholders on July 9, 2026. The campaign targets shareholders whose dividends remained unpaid as of May 31, 2026. Shareholders are being urged to update their Know Your Customer (KYC) details and claim any unpaid or unclaimed dividends. This initiative aims to improve shareholder engagement and ensure all outstanding dividend payments are settled.

Schaeffler India Limited has achieved a significant milestone by becoming the first company in India to secure a BIS (Bureau of Indian Standards) license for Cylindrical Roller Bearings (CRB) under a new Indian Standard. Its manufacturing plants in Maneja and Savli have been awarded this license, along with a BIS license for Deep Groove Ball Bearings (DGBB) for both locations. This achievement highlights Schaeffler India's commitment to quality, manufacturing excellence, and adherence to industry standards, reinforcing customer confidence in its locally manufactured products. The company aims to set benchmarks in manufacturing and support India's industrial growth.

Schaeffler India Limited has announced the closure of its trading window effective July 1, 2026. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will remain closed until further notice, which will be communicated when the board meeting date for approving the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, is announced. This measure is standard practice to prevent insider trading during sensitive financial periods.

Schaeffler India Limited has announced the appointment of Mr. Chetan Kumar Maini as an Additional Director (Non-Executive Independent Director) effective July 1, 2026. The appointment, recommended by the Nomination and Remuneration Committee, is for a period of five years, concluding on June 30, 2031. This appointment is subject to shareholder approval at the upcoming Annual General Meeting. Concurrently, Mr. Christophe Hannequin has been appointed as an Additional Director (Non-Executive Non-Independent Director) also effective July 1, 2026, pending shareholder approval. The company has also approved a Postal Ballot notice to seek shareholder consent for these appointments.

Schaeffler India Limited has announced the appointment of Mr. Christophe Hannequin as a Non-Executive Non-Independent Director, effective July 1, 2026. The appointment was approved by the Board of Directors via a circular resolution on June 26, 2026, based on the recommendation of the Nomination and Remuneration Committee. This appointment is subject to shareholder approval at the upcoming Annual General Meeting. Additionally, Mr. Chetan Kumar Maini has been appointed as a Non-Executive Independent Director for a term of five years, also effective July 1, 2026, and pending shareholder approval. The company is also seeking shareholder approval for these appointments through a postal ballot.

Schaeffler India Limited has announced the opening of a special window for the transfer and dematerialization of physical securities. The company communicated this update via its social media channels, specifically sharing a post on its Facebook page with a direct link to the announcement. This initiative aims to facilitate smoother processing of physical share transfers and dematerialization requests for its shareholders.

Schaeffler India Ltd has been assigned an ESG score of 70.9 by SES ESG Research Private Limited. The score is broken down into Environment (56.5), Social (80.8), and Governance (77.4). Schaeffler India clarifies that they did not engage or subscribe to SES ESG Research, and the score was independently issued based on publicly available data.

CRISIL ESG Ratings & Analytics Limited has assigned Schaeffler India Limited a 'Crisil ESG 69' rating and a 'Crisil Core ESG 66' rating. The ratings were independently issued by CRISIL based on the company's disclosures and publicly available data, without engagement or subscription from Schaeffler India.