KPT Industries Ltd. has approved the re-appointment of three independent directors for a second term of five years effective from April 01, 2027. The Board of Directors passed the resolution on May 29, 2026, to re-appoint Mr. Sanjay Ramakant Buch, Mr. Niraj Shishir Shirgaokar, and Ms. Rama Sanjay Kirloskar, subject to the approval of the company's members at the forthcoming Annual General Meeting.

The re-appointments align with the provisions of Section 149 and Section 152 of the Companies Act, 2013, read with Schedule IV and Regulation 17(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board acted on the recommendation of the Nomination and Remuneration Committee, considering the directors' expertise and professional background beneficial to the company.

Director Profiles and Expertise

Mr. Sanjay Ramakant Buch (DIN-00391436) is a Senior Advocate & Solicitor and a partner at M/s. Crawford Bayley & Co., practicing in Mumbai for over three decades. He specializes in business and corporate laws, mergers and acquisitions, and securities laws. Mr. Niraj Shishir Shirgaokar (DIN-00254525) holds a Bachelor's Degree in Computer Engineering and is the Managing Director of The Ugar Sugar Works Ltd. He co-founded iResearch Services Pvt. Ltd. and has served as President of the India Sugar Mills Association. Ms. Rama Sanjay Kirloskar (DIN-07474724) holds a double major in Mathematics and Biology from Bryn Mawr College, USA. She is the Joint Managing Director of Kirloskar Brothers Limited and Managing Director of Kirloskar Ebara Pumps Limited.

Compliance and Eligibility

The company has received declarations from all three directors confirming they meet the criteria of independence under sub-section (6) of Section 149 of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI (LODR) Regulations, 2015. The Board has stated that none of the directors are disqualified from being appointed under Section 164 of the Act. The directors have given their consent to act in their respective capacities and will not be liable to retire by rotation.

KPT Industries Limited has appointed Dr. Nitin Vikas Pai as a Non-Executive Director effective May 29, 2026. The Board of Directors approved the appointment during its meeting held on Friday. Dr. Pai will serve in the role and is liable to retire by rotation.

Dr. Nitin Vikas Pai is 52 years old and brings extensive medical expertise to the board. He is a Pune-based senior gastroenterologist and currently serves as the Director of Gastroenterology at Ruby Hall Clinic, a tertiary care institution. His educational qualifications include MD Medicine, DNB Medicine, and DM Gastroenterology.

The disclosure regarding the appointment was made pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Dr. Pai is not debarred from holding office by any regulatory authority.

A relationship disclosure indicates that Dr. Nitin Pai is the nephew of Late Mr. Prakash Kulkarni and Mrs. Prabha Kulkarni, the Non-Executive Chairperson. The company stated that Dr. Pai does not come under the purview of section 2(76) or 2(77).

Details of Appointment