KPT Industries Ltd kpt industries shareholders approved the re-appointment of Sanjay Ramakant Buch, Niraj Shishir Shirgaokar, and Rama Sanjay Kirloskar as independent directors on August 08, 2026. The resolution passed at the meeting grants each director a second term of five consecutive years, reinforcing the Board’s composition with experienced professionals in legal, industrial, and engineering sectors. This governance update ensures continuity in oversight and strategic guidance for the company.

The appointments comply with Section 149 and Section 152 of the Companies Act, 2013, along with Schedule IV and Regulation 17(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified BSE Limited pursuant to Regulation 30(6) read with Part A Para A of Schedule III of the SEBI LODR Regulations. All three directors have provided declarations confirming their independence under Section 149(6) of the Act and Regulation 16(1)(b) of the SEBI LODR Regulations, 2015, and are not disqualified under Section 164 of the Companies Act.

Director Profiles

The Nomination and Remuneration Committee recommended these appointments based on professional credentials and expertise. The directors bring diverse industry experience to the Board:

Sanjay Ramakant Buch is a Senior Advocate and Solicitor practicing in Mumbai for over three decades. He specializes in business and corporate laws, mergers and acquisitions, securities regulations, and arbitration. He serves as a legal advisor to multinational companies and holds independent director positions in other reputed firms.

Niraj Shishir Shirgaokar holds a Bachelor’s Degree in Computer Engineering from Bombay University and has 15 years of experience in multinational companies. He is the Managing Director of The Ugar Sugar Works Ltd., part of the Shirgaokar Group of Companies with interests in sugar, power, ethanol, IMFL, foundries, and IT. He co-founded iResearch Services Pvt. Ltd. in 2008 and has served as President of both the South India Sugar Mills Association (SISMA) and the India Sugar Mills Association (ISMA). He is also an accomplished squash player, having represented India at the World Open Squash Doubles Championship.

Rama Sanjay Kirloskar holds a double major in Mathematics and Biology from Bryn Mawr College, USA. She is the Joint Managing Director of Kirloskar Brothers Limited (KBL) and Managing Director of Kirloskar Ebara Pumps Limited (KEPL), a joint venture with Ebara Corporation, Japan. She serves on the boards of Karad Projects and Motors Limited and Prakar Investments Private Limited. Additionally, she is on the Executive Council of Accelerating Growth of New India's Innovations (AGNII), a program under the Office of the Principal Scientific Adviser to the Government of India and the Prime Minister’s Science Technology and Innovation Advisory Council (PM-STIAC).

Governance Implications

The re-appointment strengthens the independent oversight capability of the Board by retaining directors with deep sector-specific knowledge. Buch’s legal expertise supports regulatory compliance and corporate governance, while Shirgaokar’s industrial leadership offers insights into manufacturing and supply chain dynamics. Kirloskar’s engineering and innovation background aligns with technological advancement strategies. The five-year tenure allows for long-term strategic planning without frequent leadership transitions.

KPT Industries Limited KPT Industries has regularized the appointment of Dr. Nitin Vikas Pai as a Non-Executive Director, confirming his position on the Board. Shareholders approved the regularization via a resolution passed at their meeting held on August 8, 2026. This action finalizes the governance structure for the new director, who is liable to retire by rotation.

The regularization was undertaken pursuant to Regulation 30(6), read with Schedule III Part A Para A, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified BSE Limited of the development on August 8, 2026, ensuring compliance with listing obligations regarding changes in board composition.

Director Profile and Tenure

Dr. Nitin Vikas Pai’s appointment as Non-Executive Director became effective on May 29, 2026. At 52 years of age, he brings significant professional credentials to the role. His educational background includes an MD in Medicine, DNB in Medicine, and a DM in Gastroenterology. Professionally, he serves as a senior gastroenterologist based in Pune and holds the position of Director of Gastroenterology at Ruby Hall Clinic, a prominent tertiary care institution in the region.

Disclosures and Relationships

In accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, the company disclosed specific relationships involving the newly appointed director. Dr. Nitin Pai is the nephew of Late Mr. Prakash Kulkarni and Mrs. Prabha Kulkarni, who serves as the Non-Executive Chairperson. He is also the brother of Dr. Ketan Vikas Pai.

The filing confirms that Dr. Pai does not fall under the purview of Section 2(76) or Section 2(77) of the Companies Act, indicating no disqualifying conditions apply. Furthermore, the company stated that he is not debarred from holding office by any regulatory authority. Aishwarya Toraskar, Company Secretary & Compliance Officer (ACS 54931), signed the intimation.