Kirloskar Brothers has announced changes to its board of directors, according to a recent filing with the National Stock Exchange of India (NSE). The company has appointed Mr. Atul Kirloskar as an Additional Director, effective from 1st November 2023. Mr. Kirloskar is a recognised leader in the industry and brings a wealth of experience to the board.
In addition to Mr. Kirloskar’s appointment, the company has also accepted the resignation of Mr. Sanjay Kirloskar from the position of Chairman and Managing Director. Mr. Sanjay Kirloskar’s resignation will be effective from 31st October 2023. The company expressed its gratitude for his years of service and leadership.
These changes are part of Kirloskar Brothers‘ ongoing efforts to strengthen its governance and strategic direction. The company is confident that the new appointments will contribute positively to its growth and operational excellence.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).