ScoutQuest1 Oct 2026
Kirloskar Industries500243Board structure update

Independent Director Vijay Varma ceases office

Mr. Vijay Varma has stepped down as an Independent Director of Kirloskar Industries with effect from 30 September 2026, citing pre-occupations.

Director Name
Mr. Vijay Varma
Position
Independent Director
Effective Date
30 September 2026
Reason for Resignation
pre-occupations
Committees Exited
Audit Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee

What happened

Mr. Vijay Varma resigned as an Independent Director of Kirloskar Industries effective 30 September 2026. He cited pre-occupations as the reason. His resignation letter was dated 12 August 2026, and the company notified the stock exchanges the same day.

Committee roles he held

With his departure, Mr. Varma ceased to be a member of three key committees:

He also held directorships and committee positions in Kirloskar Ferrous Industries Limited (another listed company in the group), where he was a member of the Audit Committee, Stakeholders Relationship Committee and Chairman of the Risk Management Committee. This update covers only his cessation from Kirloskar Industries Limited.

Key points

Mr. Varma confirmed that there are no undisclosed material reasons beyond those stated in his resignation letter. The company expressed appreciation for his contributions during his tenure. He did not hold directorships in any other listed entities outside the Kirloskar group.

Source: BSE · 1 Oct 2026

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