Kirloskar Brothers Limited has informed the Exchange regarding Appointment of Mr Pradyumna Vyas as Non- Executive Independent Director of the company w.e.f. May 14, 2025.
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Kirloskar Brothers Limited (KBL) announced several changes at its board meeting on May 14, 2025. Mr. Bhavesh Chheda, a Chartered Accountant with 23 years of experience (most recently CFO of Thermax Babcock & Wilcox Energy Solutions), was appointed as Chief Financial Officer and Key Managerial Personnel. Mr. Pradyumna Vyas, former Director of the National Institute of Design and President-elect of the World Design Organisation, was appointed as an Additional Independent Director for a 5-year term, subject to shareholder approval. Mr. Sanjay Kirloskar, the promoter and current Chairman & MD, was re-appointed as Managing Director from November 19, 2025 to March 21, 2027. The company also appointed PwC as co-sourced Internal Auditor, Dinesh Birla & Associates as Secretarial Auditor (5 years), and Harshad S. Deshpande & Associates as Cost Auditor for FY 2025-26.
The changes signal leadership continuity with the promoter-family MD retained, a strengthened finance team through a seasoned CFO hire, and the addition of a globally-recognised design and innovation expert to the board. Auditor appointments are routine annual compliance items. Shareholders will vote on the Independent Director and Secretarial Auditor appointments at the upcoming AGM.