Kirloskar Ferrous Industries Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Ajay Shriram Patil as a Director and Joint Managing Director. The e-voting window opened on October 7, 2026, and will remain active until November 5, 2026.

Resolution details

The company has proposed two specific resolutions for member approval through electronic voting:

1. Appointment of Ajay Shriram Patil (DIN: 01217000) as a Director of the company.
2. Appointment of Ajay Shriram Patil (DIN: 01217000) as the Joint Managing Director, including approval of his remuneration terms.

These appointments are subject to the provisions of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting timeline and eligibility

Shareholders holding equity shares in physical or dematerialized form as on the cut-off date are eligible to vote. The voting rights will be proportional to the paid-up equity share capital held by each member on that date.

Procedural compliance

In compliance with Ministry of Corporate Affairs circulars, the notice was dispatched exclusively in electronic form to members with registered email addresses. The company engaged National Securities Depository Limited (NSDL) to provide the e-voting facility. Manasi Paradkar, a practicing company secretary, has been appointed as the scrutinizer to ensure a fair and transparent voting process. Results will be declared on the company’s website and NSDL portal following the submission of the scrutinizer’s report.

Kirloskar Ferrous Industries Limited has temporarily suspended the operations of its Mini Blast Furnace at the Hiriyr plant in Karnataka. The shutdown commenced on October 1, 2026, and is scheduled to last for approximately fifteen days.

The company cited normal maintenance and repair activities as the primary reason for the temporary halt in production at this specific unit. This operational pause is a routine measure to ensure the long-term efficiency and safety of the manufacturing infrastructure.

Regulatory disclosure details

The suspension was formally communicated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Mayuresh Vinayak Gharpure, Company Secretary, on October 1, 2026.

This temporary closure affects only the specified furnace unit at the Hiriyr facility. The company did not disclose any impact on overall production capacity or financial guidance in the immediate notification.