Schaeffler India Limited Announces Cessation of Avinash Gandhi, Chairman and Non-Executive Independent Director, Effective February 7, 2023
April 27, 2022 at 09:37 am EDT
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Schaeffler India Limited announced that Mr. Avinash Gandhi, Chairman and Non-Executive Independent Director has informed that his term will end in February 2023 and he will cease
to be Chairman and Director of the Company effective February 7, 2023.
Schaeffler India Limited is an India-based automotive and industrial component supplier. The Company provides components and systems for engine, transmission, and chassis applications for hybrid, electric, and combustion-engine-powered vehicles. The Company's segments include Automotive Technologies, Automotive Aftermarket, Industrial, and Exports & Others. The Automotive Technologies segment develops products using sustainable technologies for passenger and commercial vehicles, tractors, and off-highway segments. The Automotive Aftermarket provides data-driven services and plug-and-play solutions for transmission, engine, and chassis systems. It also includes three brands, such as LuK, INA and FAG. The Industrial segment offers a portfolio of bearing solutions, ranging from high-speed and high-precision bearings with small diameters, to large-size bearings, several meters wide. The Exports & Others segment includes exports to group companies and scrap sales.
SCHAEFFLER INDIA LIMITED 
