Kirloskar Industries Limited announced the re-appointment of Satish Jamdar as an Independent Director on the company’s Board, with effect from May 17, 2023. According to the company’s exchange filing, “the Board of Directors in its meeting held on 10 March 2023, has re-appointed Mr. Satish Jamdar ((holding DIN 00036653) as an Independent Director, whose period…
Tag: Kirloskar Industries Limited
KIL proposes to divest its holding in SEL to M&M
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•Kirloskar Industries Limited (KIL), made an announcement of the proposed divestment of its 17.41% stake in Swaraj Engines Limited (SEL) to Mahindra &Mahindra Limited (M&M) on September 21, 2022. The divestment is proposed through inter-se transfer amongst the promoter through off-market transaction under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,…
Kirloskar Industries appoints Anandh Baheti as CFO
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•Kirloskar Industries Limited announced the appointment of Anandh Baheti as Chief Financial Officer of the company, with effect from July 14, 2022. According to the company’s exchange filing, “Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (LODR), including amendments thereunder, this is to inform you that Mr. Anandh Baheti has…