Kirloskar Ferrous Industries Shareholders Approve Director Appointment with 99.97% Majority

2 min read     Updated on 14 Jan 2026, 03:41 PM
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Reviewed by
Naman SScanX News Team
Overview

Kirloskar Ferrous Industries Limited completed its postal ballot process with shareholders approving Mr. Aman Rahul Kirloskar's appointment as Director with 99.97% majority. The e-voting process conducted from December 14, 2025, to January 12, 2026, saw 428 members cast 112,789,763 votes, with strong support across all shareholder categories including unanimous promoter group approval.

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*this image is generated using AI for illustrative purposes only.

Kirloskar Ferrous Industries Limited has successfully completed its postal ballot process, with shareholders overwhelmingly approving the appointment of Mr. Aman Rahul Kirloskar as Director of the company. The resolution passed with an impressive 99.97% of valid votes cast in favour, reflecting strong shareholder confidence in the appointment.

Postal Ballot Results Overview

The postal ballot was conducted between December 14, 2025, and January 12, 2026, with the resolution formally passed on January 12, 2026. The company had 101,412 total members on the record date of December 5, 2025.

Parameter Details
Resolution Type Ordinary Resolution
Total Members Voted 428
Total Votes Cast 112,789,763
Votes in Favour 112,756,291
Votes Against 33,472
Approval Percentage 99.97%
Invalid Votes 4,494

Voting Pattern Across Shareholder Categories

The resolution received strong support across all shareholder categories. Promoter and promoter group shareholders showed unanimous support, while public shareholders also demonstrated overwhelming approval.

Category Shares Held Votes Polled Polling % In Favour Against Approval %
Promoter Group 83,787,391 83,683,986 99.88% 83,683,986 0 100.00%
Public Institutions 22,509,702 20,738,407 92.13% 20,705,401 33,006 99.84%
Public Non-Institutions 58,558,290 8,367,370 14.29% 8,366,904 466 99.99%

Director Appointment Details

Mr. Aman Rahul Kirloskar, bearing DIN 09823056, was initially appointed as an Additional Director (non-independent and non-executive) with effect from November 7, 2025. The postal ballot resolution sought approval for his appointment as a Director liable to retire by rotation. The promoter and promoter group were declared as interested parties in this resolution.

Process and Compliance

The postal ballot process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Ms. Manasi Paradkar, a practicing Company Secretary, served as the scrutinizer for the voting process. The e-voting facility was provided by National Securities Depository Limited (NSDL), with the voting period remaining open from December 14, 2025, at 9:00 AM to January 12, 2026, at 5:00 PM.

Conclusion

The successful completion of the postal ballot with such overwhelming support demonstrates strong shareholder confidence in the company's leadership decisions. The high approval rate across all shareholder categories indicates broad-based support for Mr. Aman Rahul Kirloskar's appointment to the board of directors.

Historical Stock Returns for Kirloskar Ferrous Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.79%-8.19%-1.84%-21.98%-25.40%+226.83%
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Kirloskar Ferrous Industries Resumes Operations at Jejuri Plant in Maharashtra

1 min read     Updated on 13 Jan 2026, 07:51 PM
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Reviewed by
Ashish TScanX News Team
Overview

Kirloskar Ferrous Industries Limited has resumed operations at its Jejuri plant in Maharashtra from January 13, 2026, following a previous suspension. The company disclosed this development through a regulatory filing under SEBI Regulation 30, continuing from an earlier communication dated December 26, 2025. The operational restart represents a significant milestone for the company's manufacturing activities in the region.

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*this image is generated using AI for illustrative purposes only.

Kirloskar Ferrous Industries Limited has announced the resumption of operations at its Jejuri plant in Maharashtra, effective from January 13, 2026. The company made this disclosure through a regulatory filing to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Plant Operations Resume

The manufacturing operations at the Jejuri facility have officially restarted after a period of suspension. This announcement comes as a continuation of the company's earlier communication dated December 26, 2025, which had indicated the temporary halt in operations at the plant.

Parameter: Details
Plant Location: Jejuri, Maharashtra
Resumption Date: January 13, 2026
Previous Communication: December 26, 2025
Regulatory Framework: SEBI Regulation 30

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing BSE Limited about the operational resumption. Company Secretary Mayuresh Gharpure signed the regulatory filing, ensuring compliance with listing requirements and maintaining transparency with stakeholders.

Operational Significance

The restart of the Jejuri plant represents an important development for Kirloskar Ferrous Industries' manufacturing capabilities in Maharashtra. The facility's return to operational status indicates the company's commitment to maintaining its production infrastructure and meeting market demands.

The resumption of operations at this key manufacturing facility marks a positive development in the company's operational timeline, as it moves forward with its production activities at the Maharashtra location.

Historical Stock Returns for Kirloskar Ferrous Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.79%-8.19%-1.84%-21.98%-25.40%+226.83%
Kirloskar Ferrous Industries
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