StockWatch
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Pig Iron
Management Change21 Sept 2026, 01:15 pm

Kirloskar Ferrous Appoints Ajay Patil as Joint MD

AI Summary

Kirloskar Ferrous Industries Ltd announced the co-option of Mr. Ajay Shriram Patil as an Additional Director and his appointment as Joint Managing Director for a three-year term, effective September 21, 2026. Mr. Patil, a seasoned global business leader with over 36 years of experience in industrial and manufacturing sectors, brings expertise in growth, strategy, M&A, and corporate governance. The company also appointed Mr. Ankur Gupta as Deputy Chief Financial Officer from October 1, 2026. A cut-off date of October 2, 2026, has been set for a postal ballot to seek member approval for these appointments.

Key Highlights

  • Ajay Shriram Patil appointed Joint Managing Director for three years.
  • Patil brings extensive experience in global industrial and manufacturing sectors.
  • Ankur Gupta appointed Deputy Chief Financial Officer.
  • Member approval sought via postal ballot.