Kirloskar Oil Engines Limited has announced the cessation of Mr. Satish Jamdar as an Independent Director, effective August 3, 2026. Mr. Jamdar’s tenure concluded upon the completion of his second term, which began on August 4, 2022. The company expressed sincere appreciation for his valuable contributions during his service as an Independent Director.
Independent Director’s Tenure Concludes
Kirloskar Oil Engines Limited has officially informed stakeholders of the departure of Mr. Satish Jamdar (DIN 00036653) from his role as an Independent Director. This cessation is effective from the close of working hours on August 3, 2026, marking the completion of his second term.
Background and Appreciation
Mr. Jamdar was re-appointed as an Independent Director by the company’s members on August 11, 2022, for a four-year term commencing August 4, 2022. The company extended its gratitude for the significant contributions made by Mr. Jamdar during his tenure. His departure also means he ceases to be a member of the Audit Committee and the Nomination and Remuneration Committee, and the Risk Management Committee.
Source: BSE
