KIKirloskar Industries500243Leadership appointment or

Aditi Chirmule re-appointed Executive Director for 3 years; Amarjeet Singh appointed VP - HR & Corporate Affairs

Board approved Ms. Aditi Chirmule's re-appointment as Executive Director for 3 years from 25 Jan 2027 and as KMP; appointed Mr. Amarjeet Singh as Vice President - Human Resources and Corporate Affairs from 6 Nov 2026.

By ScoutQuest · Fri 6 Nov 2026, 1:26 PM IST · 2 min read

Executive Director re-appointment term

3 years from 25 Jan 2027 to 24 Jan 2030

New VP - HR & Corporate Affairs effective

6 Nov 2026

Standalone Q2 total income

₹ 61.32 crore vs ₹ 54.83 crore a year earlier

What the board approved

• Re-appointment of Ms. Aditi Chirmule as Executive Director for a term of three years, with effect from 25 January 2027 till 24 January 2030, subject to the approval of the members of the company.
• Her re-appointment as Key Managerial Personnel (KMP) with effect from 25 January 2027 under Section 203 of the Companies Act, 2013.
• Conduct of a postal ballot under Section 110 of the Companies Act, 2013 to seek members' approval for her re-appointment as Executive Director.
• Appointment of Mr. Amarjeet Singh as Vice President - Human Resources and Corporate Affairs with effect from 6 November 2026.

The two people

Ms. Aditi Chirmule is a Commerce Graduate and Company Secretary. She has been associated with the Kirloskar Group since 1989 and has worked as Executive Director of the company since 25 January 2012, with a role in internal and external restructuring, mergers, acquisitions and joint ventures. She is not related to any Director of the company and holds 14,272 shares, or 0.14% of the company.

Mr. Amarjeet Singh is described as a senior executive with leadership experience across manufacturing, engineering, power and energy, defence and aerospace, and technology and services sectors. Before this appointment he was associated with Kirloskar Oil Engines Limited (KOEL) as Global Chief Human Resources Officer – Power & Energy Business. He is not a relative of any Director on the Board.

Results also approved

At the same meeting, the board approved the standalone and consolidated unaudited financial results for the quarter and six months ended 30 September 2026, reviewed by Kirtane & Pandit LLP, Chartered Accountants, the statutory auditors.

• Standalone total income was ₹ 61.32 crore for the quarter ended 30 September 2026, against ₹ 54.83 crore in the same quarter a year earlier.
• Standalone total profit after tax for the quarter was ₹ 41.12 crore, against ₹ 39.56 crore a year earlier; this figure includes discontinued operations.
• For the six months ended 30 September 2026, standalone total profit after tax was ₹ 48.31 crore.

What this means for a retail shareholder

• The Executive Director role stays with the same person for another three years, so the leadership position is proposed to continue; the change is subject to shareholders voting through a postal ballot.
• The appointment of a Vice President - Human Resources and Corporate Affairs is a senior management addition, effective immediately.
• The update places the standalone quarterly and half-yearly income and profit after tax higher than the corresponding period a year earlier.
• Both the people decisions and the results were taken up at the same board meeting held on 6 November 2026.

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