Schaeffler India Limited has announced the resignation of Mr. Andreas Schick from his position as a Non-Executive Non-Independent Director. The resignation is effective from the close of business hours on March 31, 2026. Mr. Schick's decision to resign stems from his departure from the Schaeffler Group. The company confirmed that there are no other material reasons for his resignation. The resignation letter was received by the company on February 6, 2026. Mr. Schick expressed his gratitude to the Chairperson, Ms. E. V. Sumithasri, and other Board Members for their support during his tenure, wishing the company the best for the future.
