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Schaeffler India Announces Director Resignation

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Schaeffler India Announces Director Resignation

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Schaeffler India Ltd ( (IN:SCHAEFFLER) ) has provided an announcement.

Schaeffler India Limited announced the resignation of Mr. Dharmesh Arora from his role as Non-Executive Non-Independent Director, effective from May 31, 2025. Mr. Arora’s departure is to pursue other career opportunities, and the company has stated there are no material reasons for his resignation. This change in leadership may impact the company’s strategic direction and stakeholder relations, as leadership transitions often bring shifts in company focus and operations.

More about Schaeffler India Ltd

Schaeffler India Limited operates in the manufacturing sector, focusing on producing high-precision components and systems for automotive and industrial applications. The company is part of the global Schaeffler Group, which is known for its expertise in the fields of automotive and industrial engineering.

YTD Price Performance: -5.08%

Average Trading Volume: 2,093

Current Market Cap: 521.5B INR

See more data about SCHAEFFLER stock on TipRanks’ Stock Analysis page.

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