Kirloskar Brothers Announces Resignation of Vice President Vinay Bhatt

Team FS

    07/Oct/2024

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Kirloskar Brothers Limited announces that Vice President and Head of Kirloskarvadi Operations, Vinay Bhatt, has resigned.

The resignation, effective from October 7, 2024, was accepted by the company due to personal reasons.

Vinay Bhatt has expressed gratitude for his tenure and leaves with well wishes from the company.

Kirloskar Brothers Limited, a name synonymous with innovation in the pumps and fluid management industry, has announced a significant change in its senior management. The company confirmed that Mr. Vinay Bhatt, the Vice President and Head of Kirloskarvadi Operations, has tendered his resignation, effective from October 7, 2024. The decision was made after Bhatt cited personal reasons, particularly family commitments that require his immediate attention, as the primary factor in his departure.

Vinay Bhatt had a notable tenure at Kirloskar Brothers Limited, leading the Kirloskarvadi plant operations with expertise and dedication. His resignation comes as a surprise to many within the industry, as Kirloskar Brothers continues to play a pivotal role in the manufacturing and engineering sector in India and globally. The company’s leadership thanked Mr. Bhatt for his valuable contributions, especially during times when the plant was at the forefront of major projects and growth initiatives. His leadership at the Kirloskarvadi plant was instrumental in enhancing operational efficiency and innovation.

In his resignation letter, Bhatt expressed gratitude for the opportunities he had at Kirloskar Brothers. He acknowledged the guidance and support provided by his colleagues and management during his time with the company. His letter highlighted the difficulty of his decision, emphasizing that family obligations have now taken precedence in his life.

The resignation was formally accepted by the company on October 7, 2024, at 10:40 hours, in line with the company’s policies. As Kirloskar Brothers Limited prepares for this transition, the senior management team is expected to realign responsibilities to ensure continued leadership at the Kirloskarvadi facility. The search for a new Vice President is anticipated to be thorough, given the plant’s strategic importance to the company’s overall operations.

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In line with SEBI’s Listing Obligations and Disclosure Requirements, the company has informed the exchanges about this material event. Such updates are crucial for shareholders and stakeholders to remain informed about key personnel changes that could influence Kirloskar Brothers’ direction in the coming months.

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This transition marks a critical juncture for Kirloskar Brothers Limited, a company known for its leadership in the manufacturing and industrial solutions sectors. Bhatt’s resignation creates an opportunity for new leadership to emerge and build upon the strong foundation laid during his tenure.

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