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:
- Audit Committee
- Stakeholders Relationship Committee
- Corporate Social Responsibility Committee
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.
Also from Kirloskar Industries
Material subsidiary to seek member approval via postal ballot for Director and Joint MD appointments
7 Oct 2026
Shareholders approve Sandeep Gokhale as Independent Director for a five-year first term
5 Oct 2026
Mini Blast Furnace operations at Hiriyur plant suspended temporarily for around fifteen days
1 Oct 2026
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