KSB Limited has accepted the resignation of Philip Varghese Puthenpurackal, who served as Head – Corporate Quality, Integrated Management, Safety & Sustainability. The resignation takes effect from the close of business hours on August 14, 2026.

The company disclosed the change in senior management personnel to the stock exchanges on August 14, 2026. The move follows a formal resignation letter submitted by Mr. Puthenpurackal on July 15, 2026, citing personal reasons for his decision to step down.

Regulatory Disclosure

The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also references Para A of Part A of Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. SEBI HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Shraddha Kavathekar, Company Secretary at KSB Limited, signed the communication addressed to the Corporate Relationship Department of BSE Limited and the Listing Department of National Stock Exchange of India Limited.

Key Details

KSB Limited has initiated a capacity expansion project at its Shirwal plant in Satara, Maharashtra, with a tentative investment of INR 400 Million. The company purchased land adjacent to its existing facility and constructed a new shed to manufacture Project pumps, addressing future business visibility in the Energy (Conventional and Nuclear) and Oil and Gas sectors. This move supports the company's strategy to cater to anticipated growth in these high-value segments. The intimation was submitted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Expansion Details

The new facility is designed to enhance the manufacturing capabilities of the Shirwal unit, which currently operates at high utilization levels. The expansion focuses on specific value-added activities including Piping, Painting, and Packing alongside pump manufacturing. The filing confirms that the entire investment will be financed through internal accruals, avoiding additional debt leverage and preserving financial flexibility.

What the Numbers Show

The Shirwal plant currently operates at a 90% capacity utilization rate, indicating strong demand against an existing baseline of around 1200 pumps per year. The proposed 20% capacity addition reflects the company's response to near-term production bottlenecks while positioning for longer-term sectoral growth. By funding the INR 400 Million expansion entirely through internal accruals, KSB Limited preserves financial flexibility while scaling production infrastructure for specialized Project pumps serving the Energy and Oil and Gas segments.