Board Meeting10 Mar 2026, 04:13 pm
Kirloskar Oil Engines Limited Announces Succession for the Chairman of the Board
AI Summary
Kirloskar Oil Engines Limited (KOEL) today announced that Mr. Atul Kirloskar, the Chairman of the Board, will retire from his position, effective 31st March 2026. Mr. Kirloskar has been involved with KOEL for over 43 years in executive and non-executive roles. As part of the succession planning process, the Board of Directors has appointed Mr. Rahul Kirloskar as the Chairperson and Ms. Gauri Kirloskar as the Vice Chairperson and Managing Director.
Key Highlights
- Mr. Atul Kirloskar to retire as Chairman of the Board after 43 years of service.
- Mr. Rahul Kirloskar appointed as the new Chairperson.
- Ms. Gauri Kirloskar appointed as the Vice Chairperson and Managing Director.
- KOEL is a leader in manufacturing of generator sets, internal combustion engines and farm equipment.
- KOEL has a significant presence in international markets and a strong distribution network.