Kirloskar Industries Limited — Others, 01-04-2025: Cessation

Mr. Mahesh Chhabria has resigned as the Managing Director and Director of Kirloskar Industries Limited, effective from the close of business hours on 31 March 2025, to pursue an entrepreneurial journey. The Board has accepted his resignation, acknowledging his contributions to the company during his tenure. With his departure, he will also leave the Risk Management Committee. This transition could lead to shifts in management strategy, which may create both risks and opportunities for investors as the company adapts to new leadership. The outlook remains cautiously optimistic as the company seeks to maintain stability during this change.