Kirloskar Oil Engines Limited has informed the Exchange regarding Change in Director(s) of the company.
KIRLOSENG · price
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Kirloskar Oil Engines has re-appointed Ms. Gauri Kirloskar as Managing Director (Whole Time Director) for a 3-year term starting 20th May 2025, subject to shareholder approval at the upcoming AGM. Ms. Gauri Kirloskar, 41, has been on the board since 2014 and is the daughter of Mr. Atul Kirloskar, making her part of the promoter family. She is a Carnegie Mellon graduate with prior experience in investment banking at Merrill Lynch and corporate strategy at Pearson. Separately, the board has appointed M. J. Risbud & Co. as the Secretarial Auditor for a 5-year period covering FY 2025-26 to FY 2029-30, subject to AGM approval.
This is a continuity announcement rather than a disruption — the re-appointment of a promoter family member as MD signals leadership stability within the Kirloskar group. Investors should note the appointment is subject to shareholder approval and Ms. Kirloskar's track record of leading the company's turnaround may reassure long-term holders.