Pursuant to Regulation 30 of SEBI LODR Regulations, 2015, we would like to inform that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of ....
KENNAMET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Kennametal India has appointed Mr. Faisal Saad Hamadi as an Additional (Non-Executive, Non-Independent) Director on its Board, effective April 2, 2025, via a circular resolution approved by the Nomination and Remuneration Committee. Mr. Hamadi currently serves as Vice President of Kennametal Inc. (the ultimate US-based holding company) and President of its Infrastructure segment, having joined the parent in 2024. He brings 17 years of prior experience at Eaton Corporation, where he most recently ran a $600 million aerospace business as General Manager. He holds a bachelor's in finance from Michigan State and a master's from Johns Hopkins. The filing confirms he is not debarred by SEBI and has no inter-se relationships with existing directors.
This is a parent company nominee joining the Indian subsidiary's board, so it reflects representation from the ultimate holding company rather than an independent change. No direct material impact on shareholders is expected, though it strengthens the parent's oversight on the Indian operations.