He has also resigned as a director of the company, SKF India said in a filing to BSE.
"The Board of Directors have accepted his resignation and consented to relieve him of his responsibilities effective close of business hours on March 31, 2018," it added.
Shares of SKF India today closed at Rs 1,801.10 per scrip on BSE, down 2.23 per cent from its previous close.
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