Kirloskar Brothers Limited has announced the departure of three Independent Directors following the completion of their respective 5-year terms. Mr. Shobinder Duggal, Mr. Shrinivas Dempo, and Ms. Ramni Nirula ceased their roles as Non-Executive and Independent Directors effective May 24, 2026. With this conclusion of tenure, these individuals have also stepped down from their respective memberships on various board committees of the company.
Completion of Board Tenures
Kirloskar Brothers Limited has formally notified the market regarding the change in its board composition. Three long-standing Independent Directors reached the end of their 5-year mandates on May 24, 2026, coinciding with the end of the business day. The outgoing members are Mr. Shobinder Duggal, Mr. Shrinivas Dempo, and Ms. Ramni Nirula.
Impact on Board and Committees
As a result of completing their terms, all three directors have officially ceased to be members of the company’s Board of Directors. Furthermore, their departure automatically concludes their participation in the various Board Committees where they held membership. The company has finalized the required procedural disclosures to reflect these changes in its leadership structure.
Source: BSE
