StockWatch
·
Castings & Forgings
Management Change18 Sept 2026, 11:29 am

Avante Spaces Appoints George Verghese as MD

AI Summary

Kirloskar Industries Ltd announced that its wholly-owned subsidiary, Avante Spaces Limited, has appointed Mr. George Verghese as an Additional Director and Managing Director. The appointments were approved by Avante's Board of Directors on September 18, 2026, based on recommendations from the Nomination and Remuneration Committee and the Audit Committee. Mr. Verghese, who currently serves as the Managing Director of Kirloskar Industries Limited, brings over two decades of experience in business leadership, transformation, and strategy. His appointment is subject to shareholder approval.

Key Highlights

  • Avante Spaces Limited appointed George Verghese as Additional Director.
  • George Verghese also appointed as Managing Director of Avante Spaces.
  • Appointments effective September 18, 2026, subject to member approval.
  • Verghese brings over 20 years of experience in leadership and transformation.