intimation under Regulation 30 for re-appointment of Joint Managing Director, Internal Auditors and Cost Auditors
KIRLOSBROS · price
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Kirloskar Brothers Limited's Board approved the re-appointment of Ms. Rama Kirloskar as Joint Managing Director for another 5-year term from August 3, 2026 to August 2, 2031. The re-appointment requires shareholder approval at the ensuing AGM. Ms. Kirloskar, 36, is a member of the promoter family and related to Chairman Sanjay Kirloskar. She has been Joint MD since 2021 and also serves as MD of Kirloskar Ebara Pumps Limited, the company's joint venture with Ebara Corporation, Japan. Additionally, the Board appointed PricewaterhouseCoopers (PwC) as Internal Auditor and Harshad S. Deshpande & Associates as Cost Auditor for FY 2026-27.
The re-appointment ensures continuity in leadership under the Kirloskar family, which is positive for stability. Appointment of PwC as internal auditor signals a move to a Big Four firm for enhanced governance oversight. The changes are routine and shareholder approval is the next procedural step.