Kirloskar Pneumatic Company Limited has informed the Exchange regarding Change in Director(s) of the company.
KIRLPNU · price
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Kirloskar Pneumatic Company has informed the stock exchanges about the re-appointment of Mr. Tejas Deshpande (DIN 01942507) as an Independent Director of the company. This will be his second term, lasting five consecutive years from October 27, 2025 to October 26, 2030. The re-appointment was approved by the Board via a Circular Resolution based on the recommendation of the Nomination and Remuneration Committee, and is subject to shareholder approval through a Postal Ballot. Mr. Deshpande, aged 44, is a senior lawyer with nearly two decades of experience practicing in the Mumbai High Court and Supreme Court, specializing in real estate, infrastructure, and company law. He is not related to any other director on the board and is not debarred from holding a directorship by any regulatory authority.
This is a routine corporate governance update with no material impact on shareholders or stock price. The continuity of an experienced independent director supports board stability, and the re-appointment requires shareholder approval via postal ballot.