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Schaeffler India Ltd ( (IN:SCHAEFFLER) ) just unveiled an announcement.
Schaeffler India Limited has announced the appointment of Maximilian Andreas Fiedler as an Additional Director in the capacity of Non-Executive Non-Independent Director, effective 1 January 2026, following a recommendation from its Nomination and Remuneration Committee. The appointment, approved by the board via circular resolution, is subject to shareholder approval through a postal ballot or at the next annual general meeting within three months, and Fiedler will be liable to retire by rotation; his extensive experience in finance and regional leadership across the Schaeffler Group, particularly in Asia-Pacific, is expected to strengthen the company’s governance and align its Indian operations more closely with the group’s regional strategy.
More about Schaeffler India Ltd
Schaeffler India Limited operates in the automotive and industrial components sector, supplying precision-engineered bearings, motion systems and related technologies to OEMs and industrial customers across India. As part of the global Schaeffler Group, the company focuses on mobility and industrial applications, leveraging the group’s international management and regional leadership structure to support its growth in the Asia-Pacific market.
Average Trading Volume: 6,279
Technical Sentiment Signal: Buy
Current Market Cap: 590.1B INR
See more data about SCHAEFFLER stock on TipRanks’ Stock Analysis page.