Kirloskar Industries MD, chairman, board of directors and AGM
NSE: KIRLOSINDBSE: 500243Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹3,159.20.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹3,198 Cr944th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 1 Jul 2026
- 0.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.43%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- 6.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 1 Jul 2026
- 0.13
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,41440.0% delivered
Kirloskar Industries board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonAtul C KirloskarRelated to the promoter
- Managing directorGeorge Verghese
- Company Secretary and Compliance OfficerAshwini Mali
12 directors6 independent2 executive4 non-executive
- Atul C Kirloskar · ChairpersonNon-executive · joined Mar 1996 · 2 listed boards
- George Verghese · Managing directorExecutive · joined May 2025 · 13 months as independent · 1 listed board
- Aditi Vishwanath ChirmuleExecutive · joined Jan 2012 · reappointed Jan 2022 · 173 months as independent · 1 listed board · 1 committee seat
- Anil Narayan AlawaniNon-executive · joined Jan 2009 · 1 listed board · 2 committee seats, 1 as chair
- Vinesh Kumar JairathNon-executive · joined Jul 2017 · 3 listed boards · 1 as independent · 5 committee seats, 2 as chair
- Rahul Chandrakant KirloskarNon-executive · joined Nov 2025 · 4 listed boards · 3 committee seats, 1 as chair
- Satish JamdarIndependent · joined May 2018 · reappointed May 2023 · 97 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
- Vijaydipak Mukundprasad VarmaIndependent · joined Oct 2021 · 56 months as independent · 2 listed boards · 2 as independent · 4 committee seats
- Purvi ShethIndependent · joined May 2022 · 49 months as independent · 5 listed boards · 5 as independent · 1 committee seat
- Pallavi Pratap GokhaleIndependent · joined Jul 2025 · 12 months as independent · 4 listed boards · 3 as independent · 4 committee seats
- Sumit MitraIndependent · joined Nov 2025 · 7 months as independent · 1 listed board · 1 as independent
- Venkataramani SIndependent · joined Nov 2025 · 7 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
4 directors who left
- Ashit Ashok Parekh, left 14 Feb 2026: Others
- Sivanandhan Dhanushkodi, left 3 Feb 2026: Tenure Completion
- Tejas Deshpande, left 27 Aug 2025: Tenure Completion
- Mahesh Ramchand Chhabria, left 31 Mar 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 19 Jun 202612 of 12 present6 independent · 30 days in between
- 19 May 202612 of 12 present6 independent · 68 days in between
- 11 Mar 202612 of 12 present6 independent · 25 days in between
- 13 Feb 202612 of 13 present6 independent
Audit Committee
Chair Satish Jamdar
Vijaydipak Mukundprasad Varma, Anil Narayan Alawani, Vinesh Kumar Jairath, Pallavi Pratap Gokhale, Venkataramani S
- 19 Jun 20266 of 6 present4 independent · 30 days in between
- 19 May 20266 of 6 present4 independent · 68 days in between
- 11 Mar 20266 of 6 present4 independent · 25 days in between
- 13 Feb 20265 of 6 present3 independent
Nomination and remuneration committee
Chair Satish Jamdar
Anil Narayan Alawani, Purvi Sheth, Sumit Mitra
- 19 May 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Anil Narayan Alawani
Aditi Vishwanath Chirmule, Vijaydipak Mukundprasad Varma
No meeting listed in the filing.
Risk Management Committee
Chair Satish Jamdar
Vinesh Kumar Jairath, Aditi Vishwanath Chirmule, George Verghese, Pallavi Pratap Gokhale
- 19 May 20265 of 5 present2 independent · 94 days in between
- 13 Feb 20266 of 6 present3 independent
Corporate Social Responsibility Committee
Chair Anil Narayan Alawani
Aditi Vishwanath Chirmule, Vijaydipak Mukundprasad Varma
- 19 May 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Kirtane & Pandit LLPPeer-review certificate valid to Dec 2028
1 earlier auditor
- Kirtane and panditNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Kirloskar Industries AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Kirloskar Industries dividend history
Postal ballot, 4 Oct 2026
22,898 shareholders on the register on 28 Aug 2026; votes counted by Manasi Paradkar / Manasi Paradkar & Associates.The company's voting result (opens in a new tab)
To approve the appointment of Mr. Sandeep Gokhale (DIN: 00693885) as an Independent Director of the Company, to hold the office for the first term of 5 consecutive years, with effect from 01.09.2026 to 31.08.2031 on terms and conditions as mentioned in the resolution.MoreLess
Special99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.65% · other public 0.22%
Turnout: all 52.22% · promoters 68.66% · institutions 41.32% · other public 7.34%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 18 Aug 2026, 5 resolutions
22,613 shareholders on the register on 11 Aug 2026; present: 10 promoters and 41 others; votes counted by Manasi Paradkar / Manasi Paradkar and Associates.The company's voting result (opens in a new tab)
Adoption of Audited Standalone Financial Statements and the Consolidated Financial Statements of the Company for the Financial Year ended 31 March 2026 together with the Boards Report and the Auditors Report thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.65% · promoters 68.66% · institutions 17.70% · other public 7.31%
- Declaration of dividend of Rs. 13 per equity share (i.e., 130 percent) for the Financial Year ended 31 March 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.69% · promoters 68.66% · institutions 19.26% · other public 7.31%
- Approval for the re-appointment of Mr. Vinesh Kumar Jairath (DIN: 00391684), who retires by rotation and, being eligible, offers himself for re-appointment.Ordinary99.89% for0.11% against
Against: promoters 0.00% · institutions 12.12% · other public 0.00%
Turnout: all 51.69% · promoters 68.66% · institutions 19.26% · other public 7.31%
Approval for the re-appointment of Kirtane and Pandit LLP, Chartered Accountants, (Firm Registration No. 105215W/W100057) as the Statutory Auditors of the Company, to hold the office for a second term of five consecutive years from the conclusion of the 32nd Annual General Meeting of the Company till the conclusion of the 37th Annual General Meeting of the Company, to be held in the year 2031 and to approve their remuneration.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.69% · promoters 68.66% · institutions 19.26% · other public 7.31%
Approval for the re-appointment of Mr. Anil Alawani (DIN: 00036153), Non-Executive Director of the Company, who retires by rotation and, being eligible, offers himself for re-appointment for a period of one year, up to the conclusion of the Annual General Meeting to be held in 2027.MoreLess
Ordinary99.87% for0.13% againstAgainst: promoters 0.00% · institutions 12.12% · other public 0.51%
Turnout: all 51.69% · promoters 68.66% · institutions 19.26% · other public 7.31%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 28 Dec 2025, 3 resolutions
22,327 shareholders on the register on 21 Nov 2025; votes counted by Manasi Paradkar / Manasi Paradkar & Associates.The company's voting result (opens in a new tab)
- Appointment of Mr. Sumit Mitra (DIN 07189815) as an Independent Director for a first term of five years with effect from 14 November 2025 to 13 November 2030.Special99.89% for0.11% against
Against: promoters 0.00% · institutions 12.47% · other public 0.23%
Turnout: all 50.58% · promoters 68.64% · institutions 17.62% · other public 3.04%
- Appointment of Mr. Sathyamoorthy Venkataramani (DIN 00229998) as an Independent Director for a first term of five years with effect from 14 November 2025 to 13 November 2030.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 1.52% · other public 0.23%
Turnout: all 50.59% · promoters 68.64% · institutions 17.62% · other public 3.09%
- Appointment of Mr. Rahul Kirloskar (DIN 00007319) as a Non-Independent and Non-Executive Director with effect from 14 November 2025.Ordinary99.83% for0.17% against
Against: promoters 0.00% · institutions 19.95% · other public 0.17%
Turnout: all 50.59% · promoters 68.64% · institutions 17.62% · other public 3.09%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 13 Aug 2025, 8 resolutions
22,255 shareholders on the register on 6 Aug 2025; present: 9 promoters and 44 others; votes counted by Manasi Paradkar / Manasi Paradkar & Associates.The company's voting result (opens in a new tab)
Adoption of the Audited Financial Statements (including Consolidated Financial Statements) of the Company for the Financial Year ended 31 March 2025 and the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.21% · promoters 68.67% · institutions 15.83% · other public 4.11%
- Declaration of dividend on equity shares for the Financial Year ended 31 March 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.25% · promoters 68.67% · institutions 17.37% · other public 4.11%
- Re-appointment of Mr. Atul Kirloskar (DIN 00007387), who retires by rotation, and being eligible, offers himself for re-appointment.Ordinary99.91% for0.09% against
Against: promoters 0.00% · institutions 11.04% · other public 0.00%
Turnout: all 51.25% · promoters 68.67% · institutions 17.37% · other public 4.11%
- Approval for the remuneration payable to Ms. Aditi Chirmule (DIN 01138984), Executive Director of the Company, for a period from 25 January 2025 to 24 January 2027.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.25% · promoters 68.67% · institutions 17.37% · other public 4.11%
- Appointment of Mr. George Verghese (DIN 11068946) as a Director of the Company, liable to retire by rotation.Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 9.53% · other public 0.00%
Turnout: all 51.25% · promoters 68.67% · institutions 17.37% · other public 4.11%
- Appointment of Mr. George Verghese (DIN 11068946) as the Managing Director of the Company with effect from 20 May 2025 for a term of five years, and who is liable to retire by rotation.Special99.94% for0.06% against
Against: promoters 0.00% · institutions 7.64% · other public 0.00%
Turnout: all 51.25% · promoters 68.67% · institutions 17.37% · other public 4.11%
- Appointment of Ms. Pallavi Gokhale (DIN 00036369) as an Independent Director of the Company with effect from 1 July 2025, for a term of 5 years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 51.25% · promoters 68.67% · institutions 17.37% · other public 4.11%
Appointment of M. J. Risbud & Co., Practicing Company Secretary, as the Secretarial Auditor of the Company for a term of 5 years, commencing from the conclusion of 31st Annual General Meeting till the conclusion of 36th Annual General Meeting and conduct Secretarial Audit of the Company, from and including, the Financial Year ended 31 March 2026 to the Financial Year ended 31 March 2030.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.25% · promoters 68.67% · institutions 17.37% · other public 4.11%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 22 Mar 2025, 1 resolution
20,235 shareholders on the register on 14 Feb 2025; votes counted by Manasi Paradkar / Manasi Paradkar & Associates.The company's voting result (opens in a new tab)
Appointment of Mr. Akshay Sahni, as an employee of the Company, who is a relative of Mr. Atul Kirloskar, Chairman of the Company, to hold office or place of profit in the Company for the position of ‘Chief Operating Officer’ with effect from 1 April 2025MoreLess
OrdinaryPromoters have an interest in it99.44% for0.56% againstAgainst: promoters 0.00% · institutions 72.98% · other public 0.58%
Turnout: all 66.43% · promoters 89.45% · institutions 20.04% · other public 4.14%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Sep 2024, 5 resolutions
Present: 12 promoters and 41 others.The company's voting result (opens in a new tab)
Adoption of the Audited Financial Statements of the Company for the Financial Year ended 31 March 2024 and Report of the Board of Directors and Auditors thereon (including Consolidated Financial Statements)MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.66% · promoters 66.00% · institutions 40.65% · other public 9.68%
- Declaration of dividend on equity shares for the Financial Year ended 31 March 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.72% · promoters 66.00% · institutions 42.74% · other public 9.68%
- Re-appointment of Mr. Vinesh Kumar Jairath (DIN 00391684), who retires by rotationOrdinary99.14% for0.86% against
Against: promoters 0.00% · institutions 38.07% · other public 0.00%
Turnout: all 50.22% · promoters 66.00% · institutions 42.74% · other public 7.76%
Payment of remuneration, in the nature of commission or perquisite(s) arising as a result of the exercise of vested Equity Settled Stock Appreciation Rights (ESARs) granted under the Kirloskar Industries Limited – Employees Stock Appreciation Rights Plan 2019 (KIL ESARP 2019) to Mr. Vinesh Kumar Jairath, (DIN: 00391684) Non-Executive Director of the Company, in excess of fifty percent of the total remuneration payable to all Non-Executive Directors of the Company for the Financial Year 2024-2025MoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.19%
Turnout: all 49.66% · promoters 66.00% · institutions 21.62% · other public 7.76%
Amendment to the Articles of Association of the Company by inserting new Article 153(c) i.e., ‘Appointment of Chairman Emeritus of the Company’, after the present Article 153(b) of the Articles of Association of the CompanyMoreLess
Special99.14% for0.86% againstAgainst: promoters 0.00% · institutions 38.31% · other public 0.06%
Turnout: all 50.72% · promoters 66.00% · institutions 42.74% · other public 9.68%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 12 Aug 2023, 5 resolutions
Present: 10 promoters and 33 others.The company's voting result (opens in a new tab)
Adoption of the Audited Financial Statements of the Company for the Financial Year ended 31 March 2023 and Report of the Board of Directors and Auditors thereon (including Consolidated Financial Statements)MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 49.76% · promoters 66.62% · institutions 17.41% · other public 5.80%
- Declaration of dividend on equity shares for the Financial Year ended 31 March 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 49.81% · promoters 66.62% · institutions 19.51% · other public 5.80%
- Re-appointment of Mr. Mahesh Chhabria (DIN 00166049), who retires by rotationOrdinary99.77% for0.23% against
Against: promoters 0.00% · institutions 22.74% · other public 0.03%
Turnout: all 49.81% · promoters 66.62% · institutions 19.51% · other public 5.80%
Re-appointment of Mr. Satish Jamdar (DIN 00036653), as an Independent Director of the Company, to hold office for a second term up to his attaining the age of 75 years i.e., up to 8 May 2027, with effect from 17 May 2023MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 49.81% · promoters 66.62% · institutions 19.51% · other public 5.80%
Payment of remuneration, in the nature of commission or perquisite(s) arising as a result of exercise of vested Equity Settled Stock Appreciation Rights (ESARs) granted under the Kirloskar Industries Limited – Employees Stock Appreciation Rights Plan 2019 (KIL ESARP 2019) to Mr. Vinesh Kumar Jairath, (DIN: 00391684) Non-Executive Director of the Company, in excess of fifty percent of the total remuneration payable to all Non-Executive Directors of the Company for the Financial Year 2023-2024MoreLess
Special99.71% for0.29% againstAgainst: promoters 0.00% · institutions 26.76% · other public 0.63%
Turnout: all 49.81% · promoters 66.62% · institutions 19.51% · other public 5.80%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 30 Apr 2023, 2 resolutions
The company's voting result (opens in a new tab)
- Increase in the Employees Stock Appreciation Rights Pool Grant and amendment in the ¿Kirloskar Industries Limited ¿ Employees Stock Appreciation Rights Plan 2019¿Special99.25% for0.75% against
Against: promoters 0.00% · institutions 100.00% · other public 0.80%
Turnout: all 49.61% · promoters 66.53% · institutions 12.63% · other public 5.80%
- Amendment in Clause 8.1 in the ¿Kirloskar Industries Limited ¿ Employees Stock Appreciation Rights Plan 2019¿Special99.25% for0.75% against
Against: promoters 0.00% · institutions 100.00% · other public 0.80%
Turnout: all 49.61% · promoters 66.53% · institutions 12.63% · other public 5.80%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 28 Dec 2025, 2 fund houses
- Appointment of Mr. Sumit Mitra (DIN 07189815) as an Independent Director for a first term of five years with effect from 14 November 2025 to 13 November 2030.2 for0 against
- Appointment of Mr. Sathyamoorthy Venkataramani (DIN 00229998) as an Independent Director for a first term of five years with effect from 14 November 2025 to 13 November 2030.
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. Transparency concern: As per the disclosures provided by the Company in the Notice, it is unclear whether the proposed appointee’s directorship held in Group Company is Independent.
1 for1 against - Appointment of Mr. Rahul Kirloskar (DIN 00007319) as a Non-Independent and Non-Executive Director with effect from 14 November 2025.2 for0 against
Mutual fund votes, meeting of 13 Aug 2025, 2 fund houses
Adoption of the Audited Financial Statements (including Consolidated Financial Statements) of the Company for the Financial Year ended 31 March 2025 and the Reports of the Board of Directors and Auditors thereon.MoreLess
2 for0 against- Declaration of dividend on equity shares for the Financial Year ended 31 March 2025.2 for0 against
- Re-appointment of Mr. Atul Kirloskar (DIN 00007387), who retires by rotation, and being eligible, offers himself for re-appointment.2 for0 against
- Approval for the remuneration payable to Ms. Aditi Chirmule (DIN 01138984), Executive Director of the Company, for a period from 25 January 2025 to 24 January 2027.2 for0 against
- Appointment of Mr. George Verghese (DIN 11068946) as a Director of the Company, liable to retire by rotation.2 for0 against
- Appointment of Mr. George Verghese (DIN 11068946) as the Managing Director of the Company with effect from 20 May 2025 for a term of five years, and who is liable to retire by rotation.2 for0 against
- Appointment of Ms. Pallavi Gokhale (DIN 00036369) as an Independent Director of the Company with effect from 1 July 2025, for a term of 5 years.2 for0 against
Appointment of M. J. Risbud & Co., Practicing Company Secretary, as the Secretarial Auditor of the Company for a term of 5 years, commencing from the conclusion of 31st Annual General Meeting till the conclusion of 36th Annual General Meeting and conduct Secretarial Audit of the Company, from and including, the Financial Year ended 31 March 2026 to the Financial Year ended 31 March 2030.MoreLess
2 for0 against
2 earlier meetings
Mutual fund votes, meeting of 22 Mar 2025, 1 fund house
Appointment of Mr. Akshay Sahni, as an employee of the Company, who is a relative of Mr. Atul Kirloskar, Chairman of the Company, to hold office or place of profit in the Company for the position of ‘Chief Operating Officer’ with effect from 1 April 2025MoreLess
1 for0 against
Mutual fund votes, meeting of 25 Sep 2024, 1 fund house
Adoption of the Audited Financial Statements of the Company for the Financial Year ended 31 March 2024 and Report of the Board of Directors and Auditors thereon (including Consolidated Financial Statements)MoreLess
1 for0 against- Declaration of dividend on equity shares for the Financial Year ended 31 March 20241 for0 against
- Re-appointment of Mr. Vinesh Kumar Jairath (DIN 00391684), who retires by rotation1 for0 against
Payment of remuneration, in the nature of commission or perquisite(s) arising as a result of the exercise of vested Equity Settled Stock Appreciation Rights (ESARs) granted under the Kirloskar Industries Limited – Employees Stock Appreciation Rights Plan 2019 (KIL ESARP 2019) to Mr. Vinesh Kumar Jairath, (DIN: 00391684) Non-Executive Director of the Company, in excess of fifty percent of the total remuneration payable to all Non-Executive Directors of the Company for the Financial Year 2024-2025MoreLess
1 for0 againstAmendment to the Articles of Association of the Company by inserting new Article 153(c) i.e., ‘Appointment of Chairman Emeritus of the Company’, after the present Article 153(b) of the Articles of Association of the CompanyMoreLess
1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeDeputy Commissioner of State Tax (GST)Since 25 Dec 2024During this quarter there is no further update.At this stage we do not see material impact on the financials, operations or other activities of the Company on account of said penalty
At the filing before: Intimation under section 73(5) of CGST Act-The Company has received follow up notice on 23/09/2025.In response. The Company has submitted the relevant data and provided clarifications on 22/10/2025 to reconcile the differences in the declarations.MoreLess
- Tax disputeAssessment Unit Income Tax DepartmentSince 25 Mar 2026
The Company has filed an Appeal with Commissioner of Income Tax dated 15/04/2026 and stay application with Jurisdictional AO dated 17/04/2026.At this stage we do not see material impact on the financials, operations or other activities of the Company on account of said penalty.MoreLess
At the filing before: The Company had received Order dated 25 March 2026, under Section 270A of the Income Tax Act, 1961 (“the Act”), imposing a penalty.The order pertains to the penalty levied under Section 270A of the Act, on account of the disallowance of certain expenses for the Assessment Year 2018-2019.MoreLess
- Tax disputeDeputy Commissioner of State Tax (GST)Since 24 Dec 2024During the quarter under reporting, the department dropped the scrutiny without levying any fines, charges, or penalties. The matter is closed as on 30 June 2026.At the filing before: Intimation under section 61 of CGST Act-The Company has submitted the relevant data and provided clarifications on 16/01/2025 to reconcile the differences in the declarations.
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.