Kirloskar Oil Engines Limited announced the appointment of Ms. Amruta Thigale as the new Company Secretary, Compliance Officer, and Key Managerial Personnel, effective November 4, 2026. The Board of Directors approved this appointment based on the recommendation of the Nomination and Remuneration Committee. Ms. Thigale’s extensive experience in corporate secretarial, governance, and compliance management was highlighted. The company also disclosed the allotment of 3,859 equity shares under its Employee Stock Option Plan, leading to a minor increase in its share capital.
Leadership Appointment at Kirloskar Oil Engines
Kirloskar Oil Engines Limited has appointed Ms. Amruta Thigale to key roles within the organization. Effective from November 4, 2026, Ms. Thigale will serve as the Company Secretary, Compliance Officer, and a Key Managerial Personnel. This significant appointment was approved by the company’s Board of Directors during their meeting held on the same date, following a recommendation from the Nomination and Remuneration Committee.
Background and Expertise
Ms. Amruta Thigale is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India. She also holds a Bachelor’s degree in Law from the University of Pune. With over 14 years of association with Kirloskar Oil Engines, she brings extensive professional experience in corporate secretarial functions, corporate governance, and regulatory compliance. Her background includes handling various statutory and regulatory compliances, as well as compliance management. She has previously served as the Company Secretary of KOEL Fluid Dynamics Private Limited, a wholly owned subsidiary.
Authorization for Disclosures
Further to previous communications, the Board of Directors has also authorized Ms. Amruta Thigale as the designated Key Managerial Personnel responsible for determining the materiality of events or information and for making disclosures to stock exchanges, effective November 4, 2026.
Share Capital Update
In a separate disclosure, Kirloskar Oil Engines Limited reported the allotment of 3,859 fully paid-up Equity Shares of Rs. 2/- each. This allotment was made upon the exercise of Employee Stock Options under the ‘Kirloskar Oil Engines Limited – Employee Stock Option Plan 2019 (KOEL ESOP 2019)’. Consequently, the company’s share capital has seen a marginal increase. The issued and subscribed capital now stands at 14,55,70,548 equity shares aggregating to Rs. 29,11,41,096/-, up from 14,55,66,689 shares aggregating to Rs. 29,11,33,378/-. Similarly, the paid-up capital has increased to 14,55,70,083 fully paid-up equity shares aggregating to Rs. 29,11,40,166/-, from 14,55,66,224 shares.
Board Meeting Details
The Board of Directors’ meeting commenced at 9:45 a.m., was adjourned at 10:00 a.m., resumed at 1:45 p.m., and concluded at 3:35 p.m. on November 4, 2026.
Source: BSE
