Kirloskar Industries Limited has informed the Exchange regarding Appointment of Ms Pallavi Gokhale as Non- Executive Independent Director of the company w.e.f. July 01, 2025.
KIRLOSIND · price
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Kirloskar Industries reported FY25 standalone total income of ₹120.57 Cr and profit after tax of ₹78.32 Cr, up from ₹74.63 Cr in FY24, with basic EPS of ₹76.92. The Board recommended a final dividend of ₹13 (130%) per equity share of ₹10, subject to shareholder approval at the AGM, with payment expected by 12 September 2025. Statutory auditors Kirtane & Pandit LLP issued an unmodified (clean) opinion on both standalone and consolidated results. The Board appointed Mr. George Verghese (44, from Kirloskar Group's KOEL) as Managing Director for 5 years effective 20 May 2025, and Ms. Pallavi Gokhale (Chartered and Cost Accountant) as Non-Executive Independent Director for 5 years effective 1 July 2025. The company also allotted 3,425 shares under its ESAR plan, taking paid-up equity to ₹10.41 Cr.
Strong dividend yield and clean audit reinforce shareholder returns, while the elevation of an internal Kirloskar Group leader to MD signals continuity. The new Independent Director adds governance depth; no negative signals for the stock.