Kirloskar Pneumatic Completes Leadership Transition With Aman Kirloskar As MD

Kirloskar Pneumatic Company Limited has officially completed its leadership transition effective April 1, 2026, with the company issuing formal regulatory disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was communicated to both BSE Limited and National Stock Exchange of India Limited regarding the change in Key Managerial Personnel.

Leadership Transition Completed

The company has formally announced the cessation of Mr K Srinivasan as Managing Director effective April 1, 2026, and the appointment of Mr Aman Rahul Kirloskar as the new Managing Director from the same date. This transition follows earlier communications referenced as SEC&LEG/364 dated January 23, 2026 and SEC&LEG/425 dated March 24, 2026, with the final disclosure filed under reference SEC&LEG/433.

Parameter:	Outgoing Managing Director	Incoming Managing Director
Name & DIN:	Mr K Srinivasan (DIN: 00088424)	Mr Aman Rahul Kirloskar (DIN: 09823056)
Designation:	Director and Managing Director	Director and Managing Director
Effective Date:	April 1, 2026 (Cessation)	April 1, 2026 (Appointment)
Term:	-	April 1, 2026 to March 31, 2031
Previous Role:	-	Vice President ACR
Approval Method:	-	Shareholders via Postal Ballot

New Managing Director Profile and Family Connections

Mr Aman Rahul Kirloskar, who previously served as Vice President ACR, brings leadership experience from within the Kirloskar Group. His appointment term spans five years, from April 1, 2026 to March 31, 2031. The regulatory disclosure reveals important family relationships within the company's leadership structure, with Mr Aman Rahul Kirloskar being the son of Mr Rahul C Kirloskar, Executive Chairman, and the nephew of Mr Atul C Kirloskar, Director.

Leadership Structure:	Details
Executive Chairman:	Mr Rahul C Kirloskar (Father)
Managing Director:	Mr Aman Rahul Kirloskar
Director:	Mr Atul C Kirloskar (Uncle)
Company Secretary:	Jitendra R. Shah

Management Appreciation and Regulatory Compliance

The Board of Directors and entire KPCL fraternity extended sincere appreciation to Mr Srinivasan for his contributions during his tenure. The company formally placed on record its appreciation towards his contribution as he ceases to be a member of applicable committees upon completion of his tenure. The announcement follows proper regulatory protocols with the disclosure digitally signed by Jitendra R. Shah, Company Secretary & Head Legal, ensuring full compliance with listing obligations and disclosure requirements.

Official Documentation and Stock Exchange Communication

The formal regulatory filing was communicated to both stock exchanges with specific reference numbers. BSE Limited received the disclosure for Scrip Code 505283, while National Stock Exchange of India Limited was informed regarding NSE Symbol KIRLPNU. The documentation was digitally signed and dated April 1, 2026, with timestamp 10:47:30 +05'30', demonstrating the company's commitment to timely and transparent regulatory compliance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.41%	-0.76%	-6.16%	-10.45%	-9.61%	+77.80%

Kirloskar pneumatic company has announced the successful completion of its postal ballot process, with shareholders approving the appointment of Mr. Aman Rahul Kirloskar as Director and Managing Director. The results were declared on March 24, 2026, following the conclusion of the e-voting process on March 22, 2026.

Postal Ballot Results

The ordinary resolution for appointing Mr. Aman Rahul Kirloskar (DIN: 09823056) as Director and Managing Director received overwhelming support from shareholders. The voting results demonstrated strong backing for the leadership appointment across different shareholder categories.

Voting Results:	Details
Total Votes Polled:	3,80,06,105
Votes in Favour:	2,88,55,209 (75.92%)
Votes Against:	91,50,896 (24.08%)
Total Members Voted:	304
Resolution Status:	Passed

Shareholder Category Breakdown

The voting pattern varied significantly across different shareholder categories, with promoter group showing unanimous support while institutional investors were more divided.

Promoter and Promoter Group

Parameter:	Details
Total Shares Held:	25,212,125
Votes Polled:	15,636,672 (62.02%)
Votes in Favour:	15,636,672 (100.00%)
Votes Against:	0 (0.00%)

Public Institutions

Parameter:	Details
Total Shares Held:	23,078,107
Votes Polled:	22,036,278 (95.49%)
Votes in Favour:	12,886,138 (58.48%)
Votes Against:	9,150,140 (41.52%)

Public Non-Institutions

Parameter:	Details
Total Shares Held:	16,661,858
Votes Polled:	333,155 (2.00%)
Votes in Favour:	332,399 (99.77%)
Votes Against:	756 (0.23%)

E-Voting Process Details

The postal ballot was conducted entirely through electronic voting facilitated by National Securities Depository Limited (NSDL). The company dispatched postal ballot notices to shareholders on February 20, 2026, with the cut-off date set as February 13, 2026.

Process Timeline:	Date/Time
Postal Ballot Notice Date:	January 23, 2026
Cut-off Date:	February 13, 2026
Notice Dispatch:	February 20, 2026
Voting Commencement:	February 21, 2026 at 9:00 am
Voting Conclusion:	March 22, 2026 at 5:00 pm
Results Declaration:	March 24, 2026

Scrutinizer Report

CS Sridhar Mudaliar, Partner of SVD & Associates, served as the scrutinizer for the postal ballot process. The scrutinizer's report confirmed compliance with all applicable provisions of the Companies Act, 2013, SEBI LODR regulations, and MCA circulars. The votes were unblocked at 5:07 pm on March 22, 2026, in the presence of two independent witnesses.

The appointment of Mr. Aman Rahul Kirloskar as Director and Managing Director marks a significant leadership development for the company. The resolution's passage with a substantial majority reflects shareholder confidence in the new leadership appointment, despite some resistance from institutional investors.