Kirloskar Oil Engines Limited (KOEL), the flagship company of the Kirloskar group, announced the appointment of Arvind Goel to its Board of Directors, with effect from May 19, 2023. According to the company’s exchange filing, “Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors in its meeting held on 19th…
Tag: Kirloskar Oil Engines Limited
Kirloskar Oil Engines to acquire balance equity stake of La Gajjar Machineries
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•Kirloskar Oil Engines Limited (KOEL), a leader in the manufacturing of diesel engines, agricultural equipment, and generator sets with a sizable presence in international markets, announced that it will acquire balance stake in La-Gajjar Machineries Private Limited (LGM), Ahmedabad. KOEL had acquired 76% stake in LGM in the year 2017 with an agreement that the…
Kirloskar Oil Engines CFO Pawan Kumar Agarwal resigns
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•Kirloskar Oil Engines Limited (KOEL) announced that Pawan Kumar Agarwal has resigned from the role of Chief Financial Officer of the company, with effect from September 15, 2022. According to the company’s exchange filing, “this is to inform you that Mr. Pawan Kumar Agarwal, Chief Financial Officer and Key Managerial Personnel of the Company had…
Kirloskar Oil Engines appoints Ajay Bhushan Pandey to its Board
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•Kirloskar Oil Engines Limited announced the appointment of Ajay Bhushan Prasad Pandey to the company’s Board of Directors, with effect from March 9, 2022. According to the company’s exchange filing, “this is to inform you that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors in its meeting held on…
Kirloskar Oil Engines MD Sanjeev Nimkar resigns
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•Sanjeev Nimkar, Managing Director of Kirloskar Oil Engines has resigned from the Company with immediate effect, for personal reasons. The Board has accepted his resignation and placed on record its sincere appreciation for the contributions made by Sanjeev and wished him the very best for his future endeavours, a statement said. While the Company is…
KOEL ropes in industry veteran Yogesh Kapur as Additional Director
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•Kirloskar Oil Engines Limited, also popularly known as (KOEL) is the flagship company of Kirloskar group, announced the appointment of Yogesh Kapur as an Additional Director for a period of five years, effective September 29, 2021. According to the company’s exchange filing, “this is to inform you that based on the recommendation of the Nomination…