
Corporate Governance14 May 2026, 06:51 pm
Kirloskar Oil Engines Reappoints Yogesh Kapur as Independent Director
AI Summary
Kirloskar Oil Engines Ltd. (KOEL) has re-appointed Mr. Yogesh Kapur as an Independent Director for a second consecutive term of 5 years, effective from September 29, 2026, subject to shareholder approval at the upcoming Annual General Meeting. Mr. Kapur, a Fellow Chartered Accountant with over 43 years of experience, is currently serving on the boards of several companies. The Board also approved the allotment of 12,286 equity shares under the company's ESOP plan, increasing the issued and paid-up share capital.
Key Highlights
- Yogesh Kapur re-appointed as Independent Director for 5 years, effective September 29, 2026.
- Re-appointment is subject to member approval in the upcoming Annual General Meeting.
- 12,286 equity shares allotted under KOEL ESOP 2019.
- Issued and subscribed capital increased to ₹29,07,60,818.
- Paid-up capital increased to ₹29,07,59,888.
Price Impact
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