Balkrishna Industries Limited has made a disclosure pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in accordance with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The Board of Directors of the Company, at its meeting held on June 17, 2026, considered and approved the following changes in Key Managerial Personnel:
A. Superannuation of Chief Financial Officer
- Mr. Madhusudan Bajaj ceased to be the Chief Financial Officer and Key Managerial Personnel of the Company upon attaining the age of superannuation in line with the Company's policy.
- The cessation is effective from the closing of business hours on June 17, 2026.
- This is not a case of resignation, and accordingly, no resignation letter was submitted.
- The Board placed on record its appreciation for Mr. Bajaj's valuable contribution and leadership during his tenure.
- Post superannuation, Mr. Bajaj will continue to assist the Company as Special Advisor to the Chairman & Managing Director.
B. Appointment of New Chief Financial Officer
- Based on the recommendation of the Nomination and Remuneration Committee and Audit Committee, the Board has appointed Mr. Saroj Kumar Khuntia as the Chief Financial Officer and Key Managerial Personnel of the Company.
- The appointment is effective from June 18, 2026.
Additional Information
- The Board meeting commenced at 4:21 p.m. and concluded at 4:40 p.m. on June 17, 2026.
- The information has been placed on the company website at www.bkt-tires.com.
- The disclosure was signed by Vipul Shah, Director & Company Secretary and Compliance Officer (DIN: 05199526).