Schaeffler India Limited at its board meeting held on February 16, 2022, recommended a dividend for the year ended December 31, 2021 at the rate of INR 16 per equity share of face value INR 2 each. The Dividend for the year ended December 31, 2021 if declared by the Shareholders at the upcoming Annual General Meeting to be held on April 27, 2022 shall be paid within 30 days from the date of AGM and approved the closure of the Register of Members and Share Transfer Books of the Company from April 21, 2022 to April 27, 2022, both days inclusive, for the purpose identifying the list of members eligible for the payment of Dividend.