Schaeffler India Appoints Christophe Hannequin & Chetan Maini as Directors
Schaeffler India appointed Mr. Christophe Hannequin as Non-Executive Non-Independent Director and Mr. Chetan Kumar Maini as Non-Executive Independent Director. Both appointments are effective July 1, 2026, and are subject to shareholder approval. Mr. Maini's tenure is for five years.
Board appointments are standard corporate governance procedures and typically have a minimal immediate impact on the company's operations or stock performance.
The announcement pertains to routine board appointments and does not contain information that significantly impacts the company's financial performance or market position.
Schaeffler India Limited has announced the appointment of two new directors to its board. Mr. Christophe Hannequin has been appointed as an Additional Director (Non-Executive Non-Independent Director) effective from July 1, 2026. His appointment is subject to shareholder approval in the upcoming Annual General Meeting or within three months.
Mr. Chetan Kumar Maini has also been appointed as an Additional Director (Non-Executive Independent Director) with effect from July 1, 2026. His tenure is for a period of five consecutive years, concluding on June 30, 2031, also subject to shareholder approval in the ensuing AGM or within three months.
The company has also approved a Notice of Postal Ballot to seek shareholder approval for these appointments. Mr. Hannequin, who joined the Schaeffler Group in January 2025, currently serves as the Chief Financial Officer (CFO) of Schaeffler Group and is a member of the Executive Board of Schaeffler AG. Mr. Maini is recognized as a pioneer in India's electric vehicle ecosystem and currently serves on the boards of various Maini Group companies.
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Schaeffler India Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Schaeffler India Limited. Read the original for the full detail.