Event Details

The 32nd Annual General Meeting (AGM) of Kirloskar Industries Limited was held on Tuesday, 18 August 2026, at 11:30 a.m. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM) facility. The meeting was conducted in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026.

Scrutinizer's Report

Manasi Paradkar, a Company Secretary in Practice, was appointed as the Scrutinizer for the voting process. The scrutiny was conducted as per Regulation 44 of SEBI (LODR) Regulations, 2015 and Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014.

Key process details:

  • Notice dated 19 June 2026 was sent to members by email
  • Remote e-voting period: Saturday, 15 August 2026 at 9:00 a.m. to Monday, 17 August 2026 at 5:00 p.m.
  • Record date: 11 August 2026
  • E-voting facility was provided during the AGM for members who didn't vote remotely
  • Voting was unblocked after the AGM in the presence of 2 non-employee witnesses
  • NSDL (National Securities Depository Limited) provided the e-voting platform
  • Reconciliation was done with RTA (MUFG Intime India Private Limited) records

Voting Results

All five ordinary resolutions were passed with requisite majority:

Resolution 1: Adoption of Financial Statements

  • Adoption of audited standalone and consolidated financial statements for FY ended 31 March 2026
  • Total votes polled: 5,427,911 (51.6483% of outstanding shares)
  • Votes in favor: 5,427,908 (99.9999% of votes polled)
  • Votes against: 3 (0.0001% of votes polled)
  • Promoter voting: 5,185,662 votes (100% in favor)

Resolution 2: Declaration of Dividend

  • Dividend of ₹13 per equity share (130%) for FY ended 31 March 2026
  • Total votes polled: 5,431,855 (51.6858% of outstanding shares)
  • Votes in favor: 5,431,852 (99.9999% of votes polled)
  • Votes against: 3 (0.0001% of votes polled)
  • Promoter voting: 5,185,662 votes (100% in favor)

Resolution 3: Re-appointment of Director

  • Re-appointment of Mr. George Verghese [DIN] as Managing Director
  • Total votes polled: 5,431,855 (51.6858% of outstanding shares)
  • Votes in favor: 5,424,944 (99.8728% of votes polled)
  • Votes against: 6,911 (0.1272% of votes polled)
  • Public Institutions: 42,778 in favor (87.8759%), 5,902 against (12.1241%)

Resolution 4: Appointment of Director

  • Appointment of director (specific details unclear from data)
  • Total votes polled: 5,431,855 (51.6858% of outstanding shares)
  • Votes in favor: 5,424,980 (99.8728% approximate)

Resolution 5: Special Business

  • Related to special business resolution
  • Total votes polled: 5,431,855 (51.6858% of outstanding shares)
  • Votes in favor: 5,424,944 (99.8728% approximate)

Shareholding Pattern

Total outstanding shares: 10,509,372

  • Promoter and Promoter Group: 7,553,065 shares (71.87%)
  • Public Institutions: 252,776 shares (2.41%)
  • Public Non-Institutions: 2,703,531 shares (25.72%)

Compliance References

  • SEBI Regulations: Regulation 30, Regulation 44(3)
  • Companies Act, 2013: Section 108
  • Companies (Management and Administration) Rules, 2014: Rule 20