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Sanjeev Nimkar, MD, Kirloskar Oil Engines, has resigned from the publish citing private causes, the corporate stated. The board has requested Gauri Kirloskar, KOEL’s non-executive non-independent director to oversee the day-to-day affairs within the interim, beneath the steering of Atul Kirloskar and the board.“The Board has accordingly prolonged the manager chairmanship of Atul Kirloskar with impact from January 26, 2022 until March 31, 2023, to assist on this transition,” the corporate stated within the assertion.
Ms. Kirloskar has served as a non-executive, non-independent Director on the Board of KOEL since 2014. She can be a director of Arka Fincap, Arka Monetary Holdings, La-Gajjar Machineries and Optiqua Pipes and Electricals, that are subsidiaries of Kirloskar Oil Engines, the corporate added.
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