Corporate Governance14 May 2026, 06:51 pm
Kirloskar Oil Engines Reappoints Yogesh Kapur as Independent Director
AI Summary
Kirloskar Oil Engines Ltd's board 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. The board also approved the allotment of 12,286 equity shares under the company's ESOP 2019, increasing the issued and subscribed capital to ₹29,07,60,818 and paid-up capital to ₹29,07,59,888.
Key Highlights
- Yogesh Kapur re-appointed as Independent Director for 5 years from September 29, 2026.
- Re-appointment is subject to member approval in the upcoming AGM.
- 12,286 equity shares allotted under KOEL ESOP 2019.
- Issued and Subscribed Capital increased to ₹29,07,60,818 post allotment.
- Paid-up Capital increased to ₹29,07,59,888 after ESOP allotment.
Price Impact
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