Kirloskar Pneumatic Company Limited has informed the Exchange regarding Notice of Postal Ballot
KIRLPNU · price
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Kirloskar Pneumatic Company has issued a postal ballot notice seeking shareholder approval for the re-appointment of Mr. Tejas Deshpande (DIN 01942507) as an Independent Director for a second term of five consecutive years, from October 27, 2025 to October 26, 2030. He was first appointed at the 46th AGM on October 27, 2020, and his current term ends on October 26, 2025. The resolution will be passed as a Special Resolution through remote e-voting only, with the voting window open from August 27, 2025 (9:00 AM) to September 25, 2025 (5:00 PM), and results to be announced by September 29, 2025. Mr. Deshpande is a 44-year-old lawyer with nearly two decades of experience in real estate, infrastructure, and corporate law, and he received a remuneration of Rs. 2.56 million in FY 2024-25.
This is a routine corporate governance action to ensure board continuity and is unlikely to have a material impact on the stock price. Shareholders are encouraged to vote on the resolution during the e-voting window.