Kirloskar Oil Engines Limited ( kirloskar oil engines ) concluded its 17th Annual General Meeting on August 7, 2026, approving a total dividend payout of ₹7 per equity share for the financial year ended March 31, 2026. The final dividend was declared at ₹4.50 per share (225%), complementing the interim dividend of ₹2.50 per share (125%) already paid during the year. This distribution reflects the company’s commitment to returning capital to shareholders following the adoption of its audited standalone and consolidated financial statements for FY26.

The meeting, held via Video Conferencing or Other Audio Visual Means in compliance with Ministry of Corporate Affairs circulars and SEBI Listing Regulations, also addressed key governance matters. Shareholders approved the re-appointment of Mr. Rahul C. Kirloskar (DIN 00007319), who retires by rotation, as a director. Additionally, the Board secured approval for the re-appointment of M/s. G. D. Apte & Co., Chartered Accountants, as Statutory Auditors for a second consecutive term of five years.

Special Business Resolutions

Under special business, the shareholders ratified the remuneration payable to the Cost Auditor. A significant governance update was the re-appointment of Mr. Yogesh Kapur (DIN 00070038) as an Independent Director. His second term of five consecutive years is set to commence on September 29, 2026, ensuring continuity in independent oversight on the Board.

Voting and Compliance

The company facilitated remote e-voting from August 4, 2026, at 9:00 am IST to August 6, 2026, at 5:00 pm IST, alongside e-voting during the meeting. The AGM commenced at 11:30 am IST and concluded at 12:30 pm IST. Pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the detailed voting results and the Scrutinizer’s report will be submitted separately to the stock exchanges.

What the Numbers Show

The dividend structure indicates a balanced approach to shareholder returns, with the interim dividend accounting for approximately 36% of the total payout. The re-appointment of key board members, including an Independent Director for a second term, suggests stability in the company’s governance framework as it moves into the next fiscal cycle.

Kirloskar Oil Engines Limited has fixed August 14, 2026, as the cut-off date for shareholders to record their entitlement to vote electronically on a proposed amendment to its employee compensation framework. The company is seeking shareholder approval to increase the existing Employee Stock Options pool ceiling under the 'Kirloskar Oil Engines Limited – Employee Stock Option Plan 2019' (KOEL ESOP 2019) by an additional 100,000 options. This move aims to expand the pool of available equity instruments for employee retention and incentive programs, subject to final member approval.

The Board of Directors approved the conduct of the Postal Ballot during a meeting held on August 6, 2026. The proposal was recommended by the Nomination and Remuneration Committee. The voting process will be conducted pursuant to Section 110 of the Companies Act, 2013, read with Rule 22 of the Companies (Management and Administration) Rules, 2014. Shareholders will be able to cast their votes through remote e-voting for the business to be transacted via this postal ballot mechanism.

Key Details of the Proposal

The Board meeting commenced at 1:45 pm and concluded at 4:45 pm on August 6, 2026. The company stated that the notice for the postal ballot will be circulated to members in due course, within the prescribed timelines mandated by regulatory authorities.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Furthermore, the fixation of the cut-off date adheres to Regulations 42 and 44 of the SEBI (LODR) Regulations, 2015. The Company Secretary and Compliance Officer, Farah Irani, signed off on the communication to the BSE Limited and National Stock Exchange of India Ltd.