Summary Of Proceedings Of The Meetings Of The Equity Shareholders And Unsecured Creditors Of Schaeffler India Limited Convened And Held On Tuesday, March 20, 2018 As Per The Directions Of The Hon'Ble National Company Law Tribunal, Mumbai Bench ('Hon'Ble Tribunal") For Approving The Scheme Of Amalgamation Of INA Bearings India Private Limited And Luk India Private Limited With Schaeffler India Limited ('Company') And Their Respective Shareholders And Creditors ('Scheme').

• Security Code: 505790
• Company: SCHAEFFLER

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby submit the summary of proceedings of the meetings of Equity Shareholders and Unsecured Creditors of the Company convened and held on Tuesday, March 20, 2018 at 03:00 p.m. (1500 hours) and 05:00 p.m. (1700 hours) respectively at Kamalnayan Bajaj Hall, Ground Floor, Bajaj Bhavan, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai 400021, Maharashtra, India, as per the directions of the Hon'ble Tribunal in its Order dated January 12, 2018 ('Order').

As per Regulation 30 of the Listing Regulations, please find enclosed the following disclosures:

1. Summary of proceedings of the meeting of Equity Shareholders of the Company - Annexure A

2. Summary of proceedings of the meeting of Unsecured Creditors of the Company - Annexure B