Kirloskar Ferrous Industries Limited has announced a temporary suspension of operations at its Jejuri plant in Maharashtra, effective December 26, 2025. The company informed the BSE about this operational decision under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Suspension Details

The temporary halt in operations is scheduled to last approximately fifteen days and is being implemented to facilitate upgrade activities at the facility. The company has characterized this as a planned suspension specifically aimed at enhancing the plant's capabilities.

Regulatory Compliance

The announcement was made through a formal communication to the BSE. Company Secretary Mayuresh Gharpure signed the disclosure document, ensuring compliance with listing obligations. The communication was digitally signed and timestamped on December 26, 2025, at 21:53:48 IST.

Company Background

Kirloskar Ferrous Industries Limited operates as part of the Kirloskar Group and maintains its registered office at 'One Avante', Level 5, Karve Road, Kothrud, Pune. The company operates in the steel sector and has been transparent in communicating this temporary operational adjustment to its stakeholders and the stock exchange.

Kirloskar Ferrous Industries Limited , a leading player in the Indian castings and pig iron manufacturing sector, has issued an official postal ballot notice seeking shareholder approval for the appointment of Mr. Aman Rahul Kirloskar as a Director. The company had earlier co-opted him as an Additional Director in the category of Non-Executive Non-Independent Director, effective November 7, 2025.

Official Postal Ballot Notice Details

The company has formally communicated the postal ballot process to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was issued on December 12, 2025, and sent electronically to all eligible shareholders.

E-Voting Process and Timeline

The company has initiated the postal ballot process in compliance with regulatory requirements through National Securities Depository Limited (NSDL). Key details of the voting process are outlined below:

The notice has been sent electronically to all members whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date and whose email addresses are registered with the company, Registrar and Share Transfer Agent (RTA), and depositories.

Regulatory Compliance Requirements

Pursuant to Regulation 17(1C) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, listed entities must obtain shareholder approval for board appointments at the next general meeting or within three months from the appointment date, whichever is earlier. The company has received a notice in writing from a member proposing Mr. Kirloskar's candidature under Section 160 of the Companies Act, 2013.

Profile of Aman Rahul Kirloskar

Mr. Kirloskar, aged 31, brings extensive experience within the Kirloskar Group:

Career Progression and Contributions

Mr. Kirloskar's career trajectory within the group demonstrates progressive leadership. He started as Supply Chain Manager with Kirloskar Chillers Private Limited in May 2018, was promoted to Senior Manager at Kirloskar Pneumatic Company Limited in August 2019, and elevated to General Manager (Operations) in 2020. In 2023, he was appointed Head of air conditioning and refrigeration business unit.

He played a crucial role during the COVID-19 pandemic by scaling up screw compressor production to meet the nation's oxygen production needs. Additionally, he leads group-level ESG compliance initiatives and spearheads sustainability, green technology, and circular economy projects across multiple business units.

Corporate Governance and Family Connections

As part of the company's promoter group, Mr. Kirloskar is the son of Director Mr. Rahul Kirloskar and cousin of Director Ms. Aditi Kirloskar. He currently serves as a director on the boards of Alpak Investments Private Limited, Indifour Consult Private Limited, and Systems and Components India Private Limited.

The Board of Directors has recommended the ordinary resolution for approval by members. The scrutinizer will submit the report by January 14, 2026, and results will be declared along with the scrutinizer's report on the company's website, BSE Limited, and NSDL platforms. If passed by the requisite majority, the resolution will be deemed effective from January 12, 2026.