Kirloskar Brothers: Director Appointment Fails to Pass Despite Majority

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Kirloskar Brothers Limited announced the results of its postal ballot, which included a special resolution for the appointment of Mr. Harsh Vardhan Shringla (DIN: 11203013) as an Independent Director. The resolution, however, failed to achieve the requisite majority for approval.

The e-voting period for the postal ballot was open from August 12, 2025, to September 10, 2025. According to the company's report, the total number of shareholders as of the record date (August 8, 2025) was 71,305.

The results of the e-voting are as follows:

The votes cast in favor of the resolution were 3,86,28,297, which constitutes 65.31% of the total votes cast. The votes against the resolution were 2,05,17,755, accounting for 34.69% of the total votes cast. Although the votes in favor exceeded those against, the special resolution failed to achieve the requisite majority of 75%.

However, the 84,14,390 votes cast (91.999% of the total vote cast by the public shareholders) in favour of the resolution exceed the 7,31,741votes cast against the resolution (8.001% of the total votes cast by the public shareholders), hence the Special resolution set out as Item No. 1in the Postal Ballot Notice has been passed with requisite majority as per the provisions of sub-regulation (2A) of Regulation 25 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The voting results and the Scrutinizer's Report are available on the company's website and on the NSDL e-voting platform.

The voting results and the Scrutinizer's Report are available on the company's website www.kirloskarpumps.com and on the website of NSDL at www.evoting.nsdl.com.