Kilburn Engineering Limited has announced significant board-level changes following its meeting held on April 14, 2026. The company disclosed key leadership transitions and committee restructuring under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Chairman Transition and New Appointment

The board has taken note that Mr. Manmohan Singh (DIN: 00699314), Chairman and Independent Director, will complete his second and final term as an Independent Director with effect from the close of business hours on April 20, 2026. Upon completion of his tenure, Mr. Singh will relinquish his office as Chairman and cease to be a Member of the Audit Committee.

On recommendation of the Nomination and Remuneration Committee, the board has approved the appointment of Mr. Amritanshu Khaitan (DIN: 00213413) as the new Chairman of the Board of Directors, effective from April 21, 2026.

The board placed on record its deep appreciation and gratitude for the valuable guidance, leadership and significant contributions rendered by Mr. Manmohan Singh during his distinguished tenure as Chairman and Independent Director.

Strong Financial Performance and Growth Targets

The company has concluded FY2026 on a solid note, demonstrating robust business momentum and financial strength. Kilburn Engineering has achieved significant milestones in order bookings and is positioned for accelerated growth.

The company has also partially prepaid its term debt ahead of schedule and expects to be net debt-free by June 2026, resulting in a significantly strengthened balance sheet.

Strategic Vision and Growth Focus

Commenting on his appointment, Mr. Amritanshu Khaitan outlined the company's strategic direction: "I have been privileged to be part of Kilburn's transformation journey over the past few years, and this transition reflects continuity in that progress. We have concluded FY2026 on a firm footing, supported by healthy order inflows and steadily improving financial performance, which positions us well for the next phase of growth."

The new Chairman emphasized the company's vision to build Kilburn into a leading, high-quality, and consistently profitable enterprise, with a strong focus on drying and energy management solutions. The growth strategy encompasses organic expansion, strategic acquisitions, and technology partnerships through global collaborations, while maintaining disciplined capital allocation and sustainable value creation.

Audit Committee Reconstitution

Consequent upon Mr. Manmohan Singh's cessation as a Member of the Audit Committee, the board has approved the reconstitution of the Audit Committee effective from April 21, 2026.

Regulatory Compliance and Meeting Details

The board meeting commenced at 11:00 a.m and concluded at 1:05 p.m on April 14, 2026. The company has confirmed that Mr. Amritanshu Khaitan is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority, ensuring compliance with regulatory requirements.

Mr. Amritanshu Khaitan brings extensive experience in corporate management across the engineering industry. Throughout his career, he has held key leadership positions and served on the boards of various listed companies. His strategic vision and leadership have been instrumental in guiding organizations through dynamic business environments, driving growth and operational excellence.

These leadership changes represent a planned transition that ensures continuity in corporate governance while bringing fresh perspective to the company's strategic direction. With an improved financial position and positive business outlook, Kilburn Engineering is well-positioned to embark on its next phase of scalable and margin-accretive growth.

Kilburn Engineering Limited has submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was filed with BSE Limited on April 8, 2026, demonstrating the company's adherence to regulatory requirements.

Compliance Certificate Details

The compliance documentation was submitted by Company Secretary & Compliance Officer Abhijit Shevantlal Mehta to BSE Limited's Corporate Relationship Department. The filing includes the compliance certificate received from the company's registrar and share transfer agent.

Registrar Confirmation

Maheshwari Datamatics Pvt Ltd, serving as the company's Registrar and Share Transfer Agent, provided the compliance certificate confirming adherence to dematerialization requirements. The registrar confirmed sending the Demat Transfer Register for the period January 1, 2026 to March 31, 2026 to the relevant depositories and stock exchanges where Kilburn Engineering shares are listed.

Regulatory Compliance

The certificate confirms that Maheshwari Datamatics has destroyed, mutilated, or cancelled all securities received from concerned Depository Participants after dematerialization within the stipulated timeframe. This compliance ensures proper handling of physical securities during the dematerialization process as mandated by SEBI regulations.

The filing reflects Kilburn Engineering's commitment to maintaining regulatory compliance and transparent corporate governance practices in its operations.