Kirloskar Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 13, 2025
KIRLOSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kirloskar Industries held its 31st Annual General Meeting on August 13, 2025, via video conferencing, and all 8 resolutions were passed with the required majority. Key items approved include adoption of audited financial statements for FY ended March 31, 2025, and declaration of a dividend of Rs. 13 per equity share (130%) for FY25. Shareholders also approved the re-appointment of Mr. Atul Kirloskar (retiring by rotation), the appointment of Mr. George Verghese as Managing Director for 5 years effective May 20, 2025, and the appointment of Ms. Pallavi Gokhale as Independent Director for 5 years from July 1, 2025. Remuneration for Executive Director Ms. Aditi Chirmule for the period January 25, 2025 to January 24, 2027 was also cleared, along with the appointment of M.J. Risbud & Co. as Secretarial Auditor for 5 years. Total voting participation was about 51.25% of outstanding shares, with all resolutions receiving over 99.9% support from those who voted.
The strong shareholder backing across all resolutions signals smooth governance and confidence in the company's leadership transition. The Rs. 13 per share dividend reaffirms the company's consistent payout policy, and the new MD and Independent Director appointments point to a planned leadership refresh that should be viewed as a stability signal for investors.