The Board of Directors of Schaeffler India Limited at its meeting held on February 13, 2019 has approved appointment of Mr. Satish Patel as an Additional Director and as a Whole-time Director designated as Director Finance for a period of Five years with effect from February 13, 2019, at the upcoming Annual General Meeting. Mr. Marcus Eisenhuth has resigned from Directorship of the Company with effect from February 14, 2019.