The latest update is out from Schaeffler India Ltd ( (IN:SCHAEFFLER) ).
Schaeffler India Limited announced several key decisions from its recent board meeting, including the approval of audited financial results for the year ending December 31, 2024, and a recommended dividend of Rs. 28 per equity share. The company also scheduled its 62nd Annual General Meeting for April 30, 2025, and approved the re-appointment of Ms. E V Sumithasri as a Non-Executive Independent Director for another five years. Additionally, M/s. Samdani Kabra & Associates was appointed as the Secretarial Auditors for a five-year term. These decisions reflect the company’s ongoing commitment to governance and shareholder value.
More about Schaeffler India Ltd
Schaeffler India Limited operates in the automotive and industrial sectors, providing a range of products and services including bearings, components, and systems for automotive and industrial applications. The company is focused on innovation and technology to enhance mobility and efficiency.
YTD Price Performance: -9.74%
Average Trading Volume: 1,965
Current Market Cap: 487.9B INR
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