Kirloskar Brothers Limited shareholders have approved the appointment of Dr. Madhuri Kanitkar as an Independent Director through a postal ballot process concluded on October 15, 2026.

The special resolution received overwhelming support from public shareholders, with 99.8897% of non-promoter votes cast in favour of the appointment. The e-voting period ran from September 16, 2026, to October 15, 2026, following the issuance of the postal ballot notice on September 15, 2026.

Voting Results Breakdown

The scrutinizer’s report detailed the voting outcomes for Resolution No. 1 regarding Dr. Kanitkar’s (DIN: 11062719) appointment. While the total votes cast in favour did not meet the three-fourths threshold of all votes cast, the resolution passed based on the requisite majority of public shareholder votes as per SEBI Listing Regulations.

What the Numbers Show

A distinct divergence exists between promoter and non-promoter voting patterns. Promoters cast 1,97,97,161 votes against the resolution, constituting nearly all votes against the measure. In contrast, non-promoters overwhelmingly supported the appointment, with only 11,147 votes recorded against them. This indicates that while the promoter group opposed the specific appointment, the public shareholder base provided the decisive majority required under Regulation 25(2A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Procedural Compliance

The company completed the dispatch of the postal ballot notice electronically to members with registered email IDs. Advertisements regarding the e-voting facility were published in Financial Express and Loksatta on September 16, 2026. The voting was conducted through the National Securities Depository Limited (NSDL) platform, with the record date fixed at September 11, 2026.

Kirloskar Brothers Limited has initiated a postal ballot process to appoint Dr. Madhuri Kanitkar as an independent director. The company seeks shareholder approval for the appointment through remote e-voting, with the voting window open from September 16, 2026, to October 15, 2026.

The notice was dispatched electronically to members registered with the company or its registrar, Bigshare Services Private Limited, as of the cut-off date of September 11, 2026. The resolution is proposed under Section 108 and Section 110 of the Companies Act, 2013.

Voting Details

Shareholders can cast their votes via the National Securities Depository Limited (NSDL) platform. The remote e-voting module will be disabled immediately after the deadline.

Only individuals recorded in the register of members or list of beneficial owners as of the cut-off date are eligible to vote. Shareholders who acquire shares after this date are advised to treat the notice for informational purposes only.

Document Access and Queries

The postal ballot notice and related documents are available for electronic inspection on the company’s website and the exchange portals. Members who did not receive the notice can download it from these platforms. For queries regarding the e-voting process, shareholders may contact the company’s grievance redressal team or NSDL representatives.