Kirloskar Oil Engines Limited has announced the appointment of Ms. Amruta Thigale as the new Company Secretary, Compliance Officer, and Key Managerial Personnel. This appointment, effective November 4, 2026, was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. Ms. Thigale is a qualified Company Secretary and an Associate Member of ICSI with extensive experience in corporate secretarial and compliance functions. She has also been authorized as a Key Managerial Personnel for determining the materiality of events and making disclosures to stock exchanges.
Key Managerial Appointment Approved
Kirloskar Oil Engines Limited has announced a significant change in its corporate governance structure with the appointment of Ms. Amruta Thigale as the Company Secretary, Compliance Officer, and Key Managerial Personnel. This decision was formalized by the company’s Board of Directors during a meeting held on November 4, 2026. The appointment is effective from the same date, November 4, 2026.
Experienced Professional Joins Leadership
Ms. Thigale, holding Membership Number A32510, is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI). She also possesses a Bachelor’s degree in Law from the University of Pune. With over 14 years of association with the company, she brings extensive professional experience in corporate secretarial, corporate governance, and regulatory compliance. Her background includes handling key secretarial and compliance responsibilities, and she has previously served as the Company Secretary of KOEL Fluid Dynamics Private Limited, a wholly owned subsidiary.
Designated for Materiality and Disclosure
Further to previous communications, the Board has also authorized Ms. Amruta Thigale as the designated Key Managerial Personnel responsible for determining the materiality of any event or information. She will also be responsible for making necessary disclosures to the stock exchanges on behalf of Kirloskar Oil Engines Limited, effective November 4, 2026. This move aligns with SEBI regulations and aims to ensure timely and accurate corporate communication.
Share Capital Update
In a separate disclosure, Kirloskar Oil Engines Limited also reported an increase in its share capital consequent to the allotment of 3,859 fully paid-up Equity Shares. These shares were issued upon the exercise of Employee Stock Options under the ‘Kirloskar Oil Engines Limited – Employee Stock Option Plan 2019 (KOEL ESOP 2019)’. The company’s issued and subscribed capital has consequently increased, with the total number of equity shares and the aggregate value reflecting this allotment.
Source: BSE
