Kirloskar Industries Limited has informed the Exchange regarding Resignation of Mr Ashit Parekh as Independent Director of the company w.e.f. February 13, 2026.
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Mr. Ashit Parekh (DIN: 00821577) has resigned as an Independent Director of Kirloskar Industries Limited, effective from the close of business hours on February 13, 2026. He cited personal pre-occupations as the reason for stepping down and confirmed there are no other material reasons behind his exit. As a result, he has also ceased to be a member of the company's Risk Management Committee. He did not hold directorships in any other listed entity apart from Kirloskar Industries. The company has submitted the required disclosure under SEBI Listing Regulations along with a copy of his resignation letter.
This is a routine board-level change driven by personal reasons and does not indicate any governance concerns or operational issues for the company. Shareholders should monitor whether a replacement independent director is appointed in a timely manner to maintain board composition norms.