Kirloskar Oil Engines Limited — Others, 12-03-2025: Resignation

Mr. Mahesh Chhabria has resigned from his position as Non-Executive Non-Independent Director of Kirloskar Oil Engines, effective from the close of working hours on 31st March 2025. His departure is part of his intention to pursue an entrepreneurial journey. The Board has accepted his resignation. This change may lead to a shift in strategic direction as the company adjusts to new governance dynamics. For investors, this could signal both a potential risk associated with leadership transition and an opportunity for fresh perspectives within the Board.