Key Quantitative Figures & Dates

  • The cessation of two directors became effective at the end of business hours on October 28, 2026.
  • The directors had completed a term of 5 years as Non-Executive and Independent Directors.
  • The formal intimation letter was signed and dated October 29, 2026.

Parties or Entities Involved

  • Directors Ceasing Office:

1. Mr. Vivek Pendharkar (DIN: 02791043)

2. Ms. Rekha Sethi (DIN: 06809515)

  • Regulators Addressed: BSE Limited and National Stock Exchange of India Ltd.

Purpose or Stated Rationale

The cessation is due to the completion of the directors' respective five-year terms as Non-Executive and Independent Directors.

Financial or Operational Impact

No financial or operational impact was quantified or disclosed in the filing.

Capital Structure Impact

No impact on the company's capital structure was disclosed.

Additional Information

  • Consequently, the directors also ceased to be members of any board committee(s).
  • The required details as per the SEBI circular are provided in an annexed table (Annexure-1), which states that fields for 'Date of appointment', 'Brief profile', and 'Disclosure of relationship between Directors' are not applicable (N.A.) for this event of cessation.

#Tags: #KirloskarBrothers #ManagementChange #SEBIDisclosure #RegulatoryCompliance #Neutral