Solar Industries India Limited has announced the appointment of Shri Kirit Ramesh Kamdar as an Additional Director, effective April 01, 2026. He joins the Board as an Independent, Non-Executive Director for an initial term of five years. Mr. Kamdar is a seasoned professional, holding qualifications as a Chartered Accountant, with over 35 years of experience, specializing in tax advisory and financial management, previously with Ernst & Young.
Board Enhancement with Independent Expertise
Solar Industries India Limited has formalized a significant addition to its Board of Directors. Following the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Shri Kirit Ramesh Kamdar, effective April 01, 2026.
Shri Kamdar (DIN: 06513347) is appointed as an Additional Director, designated specifically as an Independent Director. His tenure falls under the Non-Executive category and will span an initial period of five (5) years, subject to subsequent shareholder ratification as required.
Profile of the New Director
The newly appointed director brings substantial expertise to the table. Shri Kirit Ramesh Kamdar is a qualified Chartered Accountant and Cost & Management Accountant. He possesses over 35 years of professional experience, primarily focused on Tax advisory and Financial Management.
His professional background includes significant tenure with a member firm of Ernst & Young from 2008 till 2023, where he specialized in corporate tax, litigation, and direct tax advisory across various industries. Furthermore, he is noted for his strong expertise in audit support, corporate governance, risk assessment, and corporate advisory, being a member of the Bombay Chartered Accountants Society’s Direct Tax Committee.
Compliance and Disclosure
The company confirms that Shri Kirit Ramesh Kamdar is not related to any of the existing Directors of the Company (inter-se relationship). Additionally, the company affirms that he has not been debarred from holding the office of Director by any order passed by SEBI or any other relevant authority, ensuring full regulatory compliance for this appointment.
Source: BSE