Kirloskar Oil Engines Limited has announced that Mr. Satish Jamdar, an Independent Director, has ceased to be a Director of the Company and a member of its committees. This cessation is effective upon the completion of his tenure on 3rd August 2026. The company has expressed its sincere appreciation for Mr. Jamdar’s valuable contributions during his service as an Independent Director.
Director’s Tenure Concludes
Kirloskar Oil Engines Limited has officially confirmed the cessation of Mr. Satish Jamdar (DIN 00036653) as an Independent Director of the Company. This development is effective from the close of working hours on 3rd August 2026, marking the completion of his term.
Appreciation for Contribution
Mr. Jamdar, who had been re-appointed for a second term of four consecutive years starting 4th August 2022, will also step down from his roles as a member of applicable committees. The Company has extended its sincere appreciation for the valuable contributions made by Mr. Jamdar during his tenure as an Independent Director. The requisite details regarding this change in directorship, as per SEBI regulations, have been enclosed.
Key Details
The reason for the change is the completion of Mr. Jamdar’s second term of appointment. Consequently, he also ceases to be a member of the Audit Committee and Chairman of the Nomination and Remuneration Committee and Risk Management Committee of the Company. The date of cessation is confirmed as 3rd August 2026.
Source: BSE
