Kirloskar Industries Limited has informed the Exchange regarding Change in Director(s) of the company.
KIRLOSIND · price
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Mr. Tejas Deshpande (DIN: 01942507), Independent Director of Kirloskar Industries Limited, has stepped down from the Board with effect from 28 August 2025, upon completing his second consecutive 5-year term which ended on 27 August 2025. He also ceases to be a member of the Audit Committee and the Risk Management Committee. The company has recorded its appreciation for his services during his tenure. This is a routine, planned exit and not a resignation or removal.
This is a routine, pre-scheduled exit with no governance red flags, so it is unlikely to have any material impact on the stock price or shareholders. The company will need to appoint a new Independent Director to ensure compliance with minimum board composition requirements under SEBI rules.