Kirloskar Pneumatic Company Ltd shareholders have approved a total dividend of ₹12 per share for the financial year ended March 31, 2026, and sanctioned the subdivision of equity shares from a face value of ₹2 to ₹1 per share. The resolutions were passed during the company's 51st Annual General Meeting (AGM) held on July 21, 2026, via video conferencing. The total dividend comprises a final dividend of ₹8.50 and a confirmed interim dividend of ₹3.50. The meeting also authorized alterations to the capital clause in the Memorandum of Association to reflect the new authorized share capital of ₹37.50 crore divided into 37.50 crore equity shares of ₹1 each.

The scrutinizer's report, submitted by Sridhar Mudaliar of SVD & Associates, confirmed the voting outcomes. Remote e-voting was conducted from July 18, 2026, to July 20, 2026, with 67 shareholders attending the meeting through video conferencing. All proposed resolutions were passed with the required majority. The re-appointment of statutory auditors Kirtane & Pandit LLP and the ratification of remuneration for cost auditor M/s Sudhir Govind Jog were also approved.

Auditor Re-appointment

Kirtane & Pandit LLP, Chartered Accountants, was re-appointed as the Statutory Auditor of the company for a second term of 5 consecutive years. The term commences from the conclusion of the 51st AGM and concludes at the end of the 56th AGM. The firm, established in 1956, has a team of 36 partners and a staff strength of over 1,100 professionals.

Key Resolutions and Voting Results

Executive and Board Appointments

Shareholders approved the appointment of Mr. Ranganath Nuggehalli Krishna as an Independent Director for a term ending March 12, 2031, effective April 28, 2026. The re-appointment of Mr. Rahul C. Kirloskar as Executive Chairman and Whole-Time Director for a further five years starting January 23, 2027, was confirmed. A special resolution was passed to approve the payment of remuneration to Executive Directors who are Promoters or Members of the Promoter Group, specifically Mr. Aman Kirloskar, Managing Director, and Mr. Rahul C. Kirloskar, Executive Chairman, which may exceed the threshold limits prescribed under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kirloskar Pneumatic Company Limited launched the Tezcatlipoca A800 Model on 26 June 2026 in Pune, marking the introduction of India's first indigenously designed and manufactured centrifugal air compressor in the 600–980 CFM range. The new model addresses the demand for energy-efficient, oil-free compressed air solutions in industries such as textiles, pharmaceuticals, and automotive manufacturing, offering a differentiated alternative to conventional dry screw compressors. The launch was held at Amanora The Fern, Pune, in the presence of industry leaders and channel partners.

Product Specifications and Features

The Tezcatlipoca A800 is an advanced two-stage centrifugal air compressor engineered to deliver Class 0 oil-free air, certified under ISO 8573-1. It is designed to provide exceptional reliability and lower lifecycle costs for critical industrial applications.

Key technical highlights include a patented aerodynamic design backed by three filed intellectual properties and an integrated flow control system. The model features a compact footprint to facilitate easy installation and seamless plant integration, supported by a smart monitoring system for real-time performance visibility.

Strategic Significance

The launch underscores Kirloskar Pneumatic's commitment to evolving its centrifugal compression capabilities. Mr. Aman Kirloskar, Managing Director, highlighted that the engineering teams spent significant time refining impeller designs, bearing systems, and controls to bring true centrifugal performance to a smaller footprint suitable for lower flow applications. The company positions this development as a meaningful step forward in its product development journey within the industrial compression technology segment.