Kirloskar Industries Limited has formally announced the completion of Mr. Jagdish Purandare's resignation from his position as Head - Human Resource, effective from the close of business hours on December 31, 2025. The company communicated this development to BSE and NSE on January 1, 2026, following the earlier intimation dated September 19, 2025.

Resignation Details and Timeline

Mr. Purandare initially submitted his resignation on September 19, 2025, citing acceptance of a new role within the Kirloskar Group as the primary reason for his departure. The company had previously informed stock exchanges about this development through a formal communication on the same date.

Regulatory Compliance and Documentation

The resignation process was conducted in full compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive documentation including:

• Formal resignation letter from Mr. Purandare
• Regulatory disclosure forms as per SEBI requirements
• Confirmation of no material reasons beyond those stated
• Proper notice period completion

Company's Acknowledgment

Kirloskar Industries Limited has placed on record its appreciation for the services rendered by Mr. Jagdish Purandare during his tenure as Head - Human Resource. The company acknowledged his contributions to the organization's growth and success throughout his employment period.

Transition Process

Mr. Purandare served his complete notice period, continuing in his role as Head - Human Resource until December 31, 2025. This ensured a smooth transition of responsibilities and maintained operational continuity within the human resources department. The resignation letter confirmed no material reasons other than the new opportunity within the Kirloskar Group.

Corporate Communication

The formal communication was signed by Ashwini Mali, Company Secretary & Compliance Officer, ensuring proper corporate governance protocols were followed. All required annexures and supporting documentation were submitted to both BSE and NSE as per regulatory requirements.

Kirloskar Industries Limited has officially completed its postal ballot process and submitted regulatory disclosures to BSE and NSE on December 29, 2025, confirming shareholder approval of all three proposed director appointments. The company fulfilled its obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Regulatory Disclosure

The company submitted its formal disclosure to both stock exchanges through a letter signed by Company Secretary & Compliance Officer Ashwini Mali. The disclosure confirmed that members approved all resolutions through the Postal Ballot Notice dated November 14, 2025, based on the Scrutiniser's Report on voting results.

Director Appointments Confirmed

All three directors have been officially appointed with effect from November 14, 2025, following the successful postal ballot process:

Postal Ballot Results Summary

The postal ballot process conducted between November 29, 2025, and December 28, 2025, demonstrated strong shareholder support across all appointments:

Resolution 1 - Sumit Mitra Appointment (Special Resolution):

• Total votes polled: 5,312,406 (50.58% of outstanding shares)
• Votes in favour: 5,306,640 (99.89%)
• Votes against: 5,766 (0.11%)

Resolution 2 - Sathyamoorthy Venkataramani Appointment (Special Resolution):

• Total votes polled: 5,313,553 (50.59% of outstanding shares)
• Votes in favour: 5,312,686 (99.98%)
• Votes against: 867 (0.02%)

Resolution 3 - Rahul Kirloskar Appointment (Ordinary Resolution):

• Total votes polled: 5,313,554 (50.59% of outstanding shares)
• Votes in favour: 5,304,493 (99.83%)
• Votes against: 9,061 (0.17%)

Regulatory Compliance Completed

The company has successfully fulfilled all regulatory requirements with scrutinizer Manasi Paradkar (FCS-5447, CP-4385) confirming the validity of the e-voting process conducted through NSDL's platform. The formal disclosure to stock exchanges marks the completion of the appointment process, strengthening the board composition with enhanced corporate governance through independent director additions while maintaining strategic leadership involvement.