KIRLOSBROSNSEKirloskar Brothers Limited· Compressors / PumpsMediumNeutral
Announced Sun, 24 May · 20:41 IST

Kirloskar Brothers Limited has informed the Exchange regarding Change in Director(s) of the company.

Multiple Ind Directors ResignedManagement Changes View source PDF

KIRLOSBROS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹1604.80
prior close
₹1624.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.1+0.3+0.4+0.8+2.8+1.9+0.6+1.0+1.3+13.4+25.9+14.3
Up moveDown movePending
AI summary

Three independent directors of Kirloskar Brothers Limited have stepped down from the board after completing their 5-year terms. The directors are Mr. Shobinder Duggal, Mr. Shrinivas Dempo, and Ms. Ramni Nirula. Their tenures ended at the close of business on May 24, 2026. As a result, they also ceased to be members of the committees they served on. The company has filed this intimation under SEBI regulations governing listed companies.

Likely market impact

Three independent directors leaving simultaneously reduces board independence and committee composition. The company will need to appoint new independent directors to maintain proper board governance as required under listing regulations.