Corporate Governance24 May 2026, 10:01 pm
Kirloskar Brothers: Independent Directors' Term Completion
AI Summary
Kirloskar Brothers Ltd. announced the completion of the 5-year term for three independent directors: Mr. Shobinder Duggal, Mr. Shrinivas Dempo, and Ms. Ramni Nirula, effective May 24, 2026. Consequently, they have ceased to be Independent Directors and members of the Company's Committees. The details are provided as per SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Key Highlights
- Mr. Shobinder Duggal, Mr. Shrinivas Dempo, and Ms. Ramni Nirula completed their terms as Independent Directors.
- Their tenure ended on May 24, 2026, after serving for 5 years.
- They ceased to be Independent Directors and members of the Company's Committees.
- The announcement complies with Regulation 30 of the SEBI Listing Regulations, 2015.
Price Impact
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