The Kirloskar Pneumatic Company has announced the re -appointment of Tejas Deshpande as independent director for a period of 5 years from October 27, 2025 to 26 October, 2030. The decision taken by the Board of Directors through circular resolution is subject to the approval of shareholders through postal ballot. This will be Deshpande’s second term on this post.
This has been done according to the recommendation of the Re -Election Nomination and Regimenting Committee, SEBI (Listing Obtainance and Disclosure Requirements) Regulations, 2015 with the Schedule III, Part A, Para A with the reading Regulation 30 with 2015.
Tejas Deshpande, who is 44 years old, is a lawyer and trials in the Mumbai High Court and the Supreme Court of India. With nearly two decades of experience, he specializes in real estate, infrastructure and company law. He contributed to a book called ‘Kular – Indian Contract Act’ and ‘Poloch and Mulla – Indian Contract Act and Specific Reliefs Act’ (2004) on the Indian Contract Act (2003).
Tejas Deshpande does not belong to any director in the company’s board and is not deprived of holding the post of director according to any SEBI order or any other authority.
The details of the regeneration are in compliance with SEBI (Listing Obligations and Disclates Requirements) Regulations, 2015 Regulation 30, which has been read with SEBI Circular Number SEBI/HO/HO/CFD-POD-1/P/2023/2023/123 July 13, 2023.
Jitendra R. Shah,
Company Secretary and Head Legal