KSB Limited has announced the unanimous approval by its Board of Directors for the re-appointment of Mr. Rajeev Jayantiprasad Jain as Managing Director for an extended five-year term. The decision was made during a board meeting held on February 25, 2026, following recommendations from the Nomination and Remuneration Committee.

Board Meeting Details

The board meeting commenced at 02:00 p.m. and concluded at 5:15 p.m. on February 25, 2026. The company has informed both BSE Limited and National Stock Exchange of India Limited about this significant corporate development in compliance with Regulation 30 of the SEBI Listing Regulations.

Re-appointment Terms and Timeline

The key details of Mr. Jain's re-appointment are outlined below:

The re-appointment is subject to approval from the company's members, which will be sought through the appropriate corporate governance processes.

Leadership Profile

Mr. Rajeev Jain has been associated with KSB Limited since 2016, bringing substantial expertise to his role as Managing Director. His educational background includes a Bachelor's degree in Mechanical Engineering and a Master's in Management Sciences, providing him with both technical and managerial competencies essential for leading the engineering company.

Additional Directorships

Mr. Jain's leadership extends beyond KSB Limited, as he holds directorship positions in several related companies:

• KSB MIL Controls Limited
• KSB Tech Private Limited
• Pofran Sales and Agency Limited

These positions demonstrate his comprehensive understanding of the KSB group's operations and the broader engineering industry landscape.

Regulatory Compliance

The company has confirmed that Mr. Rajeev Jain is not debarred from holding the office of Director pursuant to any SEBI Order or any other regulatory authority. This compliance status ensures that his re-appointment meets all necessary regulatory requirements for listed companies in India.

The announcement reflects the board's confidence in Mr. Jain's leadership capabilities and his contribution to the company's strategic direction and operational excellence over his tenure with KSB Limited.

KSB Limited announced its audited financial results for the year ended December 31, 2025, showcasing robust performance across key financial metrics. The Board of Directors at their meeting held on February 25, 2026, approved the standalone and consolidated audited financial results and recommended a final dividend of INR 4.40 per equity share, representing 220% on the face value of INR 2.00 each.

Strong Financial Performance

The company delivered impressive growth in FY25, with revenue from operations reaching INR 26,957 million compared to INR 25,331 million in the previous year. Net profit showed strong momentum, increasing to INR 2,645 million from INR 2,409 million in FY24.

Quarterly Performance Highlights

The fourth quarter results demonstrated strong operational efficiency with significant margin expansion. EBITDA for Q4 reached INR 1.30 billion, marking a substantial increase from INR 984 million in the corresponding quarter of the previous year.

Segment-wise Performance

Both major business segments contributed to the company's growth trajectory during FY25. The Pumps segment, which forms the larger portion of the business, showed steady growth while the Valves segment demonstrated stronger percentage growth.

Dividend and Corporate Actions

The Board recommended a final dividend of INR 4.40 per equity share for FY25, subject to shareholder approval at the Annual General Meeting. The record date for dividend entitlement has been fixed as May 8, 2026.

Leadership and Governance

The Board also approved the re-appointment of Mr. Rajeev Jayantiprasad Jain as Managing Director for a further period of 5 years, effective from July 1, 2026 to June 30, 2031. The audited financial results received an unmodified opinion from Price Waterhouse & Co., Chartered Accountants LLP, confirming the accuracy and compliance of the financial statements.

Impact of New Labour Codes

The company reported an exceptional item of INR 255 million related to the impact of new labour codes notified by the Government of India in November 2025. This one-time impact primarily consists of gratuity provisions arising due to changes in wage definition under the consolidated labour laws.