SCHAEFFLER

- Resignation of M/s. Y. S. Thakar & Co. as Cost Auditor of Schaeffler India Limited. - Resignation effective from October 8, 2026. - Reason for resignation is stated as preoccupancy.

Current scenario - Export mix stands at 50% Europe, 25% Southeast Asia, and remaining in China and Americas, with exports contributing 15% to 20% of revenue. - Localization rate is currently around 80% overall (90% for automotive, 65%-70% for industrial). - Demand remains strong, particularly in automotive driven by GST 2.0 and in industrial sectors like railways, wind energy, steel, and cement. Changes in trends - First-time car buyers have overtaken repeat buyers, indicating robust domestic automotive demand. - Hybrid technology is growing faster than pure EV and is projected to reach about 15% of the market by 2031, operating alongside ICE and EV portfolios. - Export of bearings back to China constitutes 13% of total exports, highlighting cost competitiveness. Management Guidance & Outlook - Management expects revenues to cross ₹10,000 crores based on YTD June performance. - The company is focusing on localized manufacturing and phased localization for e-axles (currently in Phase 2) while maintaining a strict book-to-bill ratio above one to ensure growth visibility. - Profitability in emerging tech like EVs and e-axles remains volume-dependent and will improve as economies of scale are achieved.

- Schaeffler India Limited informed the stock exchanges about the availability of the audio recording for the Investors group meeting held on September 28, 2026. - The audio recording has been made available on the company's official website under regulatory disclosures.

- Schaeffler India Limited announced the postal ballot voting results and scrutinizer's report for voting conducted from August 27, 2026, to September 25, 2026. - Mr. Christophe Hannequin was duly approved as a Non-Executive Non-Independent Director by ordinary resolution with 99.94% votes in favour. - Mr. Chetan Kumar Maini was duly approved as an Independent Director by special resolution with 100.00% votes in favour.

- Schaeffler India Limited conducted a Postal Ballot from August 27, 2026, to September 25, 2026. - Members approved the appointment of Mr. Christophe Hannequin as a Non-Executive Non-Independent Director via Ordinary Resolution. - Members approved the appointment of Mr. Chetan Kumar Maini as an Independent Director via Special Resolution.

- Schaeffler India Limited received an ESG Score of 65 from ESG RISK ASSESSMENTS & INSIGHTS LIMITED. - The company clarified it had not engaged the firm, and the report was independently prepared based on public data.

- Concall Schedule - Concall Date: 28.09.2026 - Concall Time: One-on-One meetings from 09:00 am to 02:45 pm, and a Group meeting from 03:00 pm to 03:45 pm.

- Schaeffler India will showcase next-generation motion technology solutions for construction equipment at bauma CONEXPO INDIA 2026 from September 15-18 in Greater Noida, focusing on improving efficiency, reducing emissions, and enhancing equipment reliability.

- Schaeffler is undertaking a major aftermarket brand transformation, uniting its leading product brands (FAG, INA, LuK) under a single Schaeffler brand identity. - The global phased rollout will begin in Q2 2027, starting with the FAG product brand, featuring a new packaging design. - Existing product brands will remain visible in a supporting role to ensure continuity.

- Schaeffler India Limited announced the opening of a special window for the transfer and dematerialization of physical securities. Details were published on the company's social media, as per SEBI Circular dated January 30, 2026.

- Postal Ballot Notice for the appointment of Mr. Christophe Hannequin as Non-Executive Non-Independent Director and Mr. Chetan Kumar Maini as Independent Director. - E-voting period: August 27, 2026, to September 25, 2026. - Cut-off date for e-voting eligibility: August 21, 2026.

- Investor Meeting Schedule - Meeting Date: 24/08/26 - Investor: M&G Investments - Type of Interaction: One-on-One Meeting - Venue: Physical Meeting, Pune - No Unpublished Price Sensitive Information (UPSI) will be shared.

- Schaeffler India Limited appointed Amit Bhalerao as Chief Operating Officer (COO), effective August 10, 2026. - He brings over two decades of global manufacturing leadership experience to strengthen operations, drive operational excellence, and support the company's long-term growth agenda.

- The company reported strong Q2 CY26 performance with revenue growing 17.5% YoY and EBITDA growing 19% YoY, achieving a 19.1% EBITDA margin for the quarter.- Key growth drivers included Automotive Technologies (33% YoY growth) and Exports (24% YoY growth), supported by new business wins across segments and market share gains in automotive passenger vehicles.- Management acknowledged challenges from rising input costs (LPG, oil, freight) impacting earnings quality and free cash flow, expecting recovery in H2 CY26 through ongoing customer discussions for compensation.- Working capital increased due to a planned strategic build-up of inventories to service customer needs.- CY26 Capex guidance of INR 400-500 crores remains on track, with the remaining INR 250-300 crores to be utilized in H2 for capacity expansion and localization across automotive and industrial segments.- The KRSV (Koovers) subsidiary continues its scaling-up phase, contributing INR 79 crores in revenue but remaining EBITDA negative, with breakeven anticipated by 2029.

- Audio recording of the Analyst/Investor Meet held on Thursday, July 23, 2026, is available on the company's website.

- Consolidated Revenue ₹2,681.4Cr vs ₹2,282.04Cr (▲17.5% YoY) - PBT (before exceptional items) ₹452.5Cr vs ₹397.98Cr (▲13.7% YoY) - PAT ₹336.7Cr vs ₹296.24Cr (▲13.7% YoY) - PBT Margin 16.9% vs 17.4% (▼50bps)

- Consolidated Revenue ₹2,760.55Cr vs ₹2,352.59Cr (▲17.34% YoY) - EBITDA ₹498.98Cr vs ₹430.12Cr (▲16.01% YoY) - PAT ₹325.78Cr vs ₹287.11Cr (▲13.47% YoY) - EBITDA Margin 18.07% vs 18.28% (▼21bps) - Appointment of Mr. Amit Dinesh Bhalerao as Chief Operating Officer and Senior Management Personnel, effective August 10, 2026.