Kirloskar Brothers Limited (KBL), a prominent player in the pump manufacturing industry, has initiated a postal ballot to seek shareholder approval for the appointment of Mr. Brij Bhushan Nagpal as an Independent Director. This move comes as part of the company's efforts to strengthen its board with professionals from diverse backgrounds.

Key Details of the Appointment

About Mr. Brij Bhushan Nagpal

Mr. Nagpal brings over 40 years of corporate experience to KBL's board. His expertise spans various areas including:

• Strategic planning and business management
• Commercial and business controls
• Acquisitions and sale of businesses
• Digital transformation
• Legal affairs and corporate litigations
• Finance, audits, and credit control

Most recently, Mr. Nagpal served as the Executive Director (Finance and Corporate Affairs) at Luminous Power Technologies Pvt. Ltd., a subsidiary of Schneider Electric SE. During his 16-year tenure, he played a crucial role in driving the company's growth and transformation.

Voting Process

The company is conducting the postal ballot through remote e-voting in compliance with regulatory guidelines. Shareholders whose names appear in the Register of Members as of October 31, 2025 (the cut-off date) are eligible to participate in the voting process.

Board's Recommendation

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has proposed Mr. Nagpal's appointment as an Independent Director. The Board believes that Mr. Nagpal's diverse experience and expertise will benefit the company.

Shareholder Action Required

Eligible shareholders are encouraged to cast their votes electronically during the specified voting period. The results of the postal ballot will be announced within the statutory timelines and will be available on the company's website and stock exchange portals.

This move by Kirloskar Brothers Limited to appoint Mr. Brij Bhushan Nagpal reflects the company's commitment to enhancing its corporate governance and bringing diverse perspectives to its board.

Kirloskar Brothers , a leading pump manufacturer, has provided insights into its operational outlook, focusing on growth aspirations and margin improvements in its UK operations. The company's management expressed confidence in achieving their ambitious targets, backed by a strong order book and favorable business patterns.

UK Operations: Margin Improvement on the Horizon

The management of Kirloskar Brothers has set its sights on enhancing the performance of its UK operations. While they anticipate a return to double-digit margins in the medium term, they cautioned that this improvement might not materialize in the short term. This measured approach suggests a strategic focus on sustainable growth rather than quick fixes.

Double-Digit Growth Aspirations

Despite challenges, the company remains optimistic about achieving double-digit growth. This confidence stems from two key factors:

1. Strong Order Book: Kirloskar Brothers reports a robust order pipeline, providing a solid foundation for future growth.
2. Seasonal Business Pattern: The company typically sees 60-62% of its business occurring in the second half of the year, which aligns with their growth projections.

Balanced Market Approach

Kirloskar Brothers' growth strategy is underpinned by a healthy balance between domestic and international markets. This diversified approach may help mitigate risks associated with market-specific fluctuations and provide multiple avenues for expansion.

Focus on Operational Excellence

The management emphasized their commitment to operational excellence, which is likely to play a crucial role in realizing their growth and margin improvement goals. This focus on enhancing internal processes and efficiency could be a key driver in achieving their ambitious targets.

While the company's outlook appears positive, it's important to note that these are forward-looking statements and actual results may vary based on market conditions and other factors. Investors and stakeholders should continue to monitor the company's performance and market updates for a comprehensive understanding of Kirloskar Brothers' financial health and growth trajectory.