Kirloskar Electric Company Limited has informed the Exchange regarding Cessation of Dr Ashok Misra (DIN: 00006051) as Non- Executive Independent Director of the company on the close of business hours on November 04, 2025.
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Dr. Ashok Misra (DIN: 00006051), Non-Executive Independent Director of Kirloskar Electric Company, has ceased to be a director with effect from the close of business hours on November 4, 2025. His exit is due to the natural completion of his second consecutive five-year term on the board, not any resignation or governance issue. Along with his directorship, he also stepped down as a member of the Audit Committee and the Nomination and Remuneration Committee. The company has stated that the existing composition of these committees continues to comply with SEBI LODR Regulations and the Companies Act, 2013, so no immediate reconstitution is required. The board recorded its appreciation for his guidance during his tenure.
This is a routine, planned end-of-term exit and not a sudden resignation, so it carries no negative governance signal for shareholders. The company will, however, need to appoint a new independent director in due course to maintain board composition norms, which is a standard regulatory requirement.