Schaeffler India has informed that the Members of the Company through postal ballot have approved Sub-division of Equity shares of the Company from One Equity Share having face value of Rs 10 each into Five Equity Shares having face value of Rs 2 each fully paid up. Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company has fixed the Record Date on Wednesday, February 9, 2022, further details are attached.
The above information is a part of company’s filings submitted to BSE.