Kirloskar Industries Limited (KIL), a prominent Kirloskar Group company engaged in wind power generation and real estate through its subsidiary Avante Spaces Limited, announced a key leadership appointment to accelerate its strategic goals. On May 20, 2025, the company’s Board of Directors approved the appointment of Mr. George Verghese as Managing Director for a five-year term from May 21, 2025, to May 20, 2030, subject to shareholder approval.

Mr. Verghese is a seasoned professional with over 20 years of leadership experience spanning diverse sectors including technology, telecommunications, and manufacturing. He has held pivotal roles at major companies such as Dell, Reliance Communications, and Cummins. His expertise encompasses business operations, human resources, strategy, marketing, and organizational culture.

Since joining the Kirloskar Group in April 2021 as Vice President of Group HR, George has been instrumental in leading major human resources and strategic initiatives. He also served as the Chief Human Resources Officer (CHRO) and Chief of Staff at Kirloskar Oil Engines Limited, playing a vital role in the company’s successful strategic business turnaround.

Chairman of the Board, Mr. Atul Kirloskar, welcomed the appointment, stating, “I am pleased to welcome George to the Kirloskar Industries family. George has worked with various companies within the Group and has deep experience in business strategy, operational execution, leadership, HR transformation, marketing, and culture, all of which will be useful for Kirloskar Industries Limited.”

Mr. Verghese holds a Master’s degree in management from XLRI Jamshedpur and an engineering degree from College of Engineering, Munnar, highlighting his strong academic foundation complementing his extensive professional experience.

Kirloskar Industries Limited, publicly listed on the Bombay Stock Exchange and the National Stock Exchange, has been actively involved in wind power generation and has diversified into real estate development through its wholly owned subsidiary Avante Spaces Limited. The company also invests in securities of group companies and manages commercial rental spaces.

This leadership appointment is expected to strengthen Kirloskar Industries’ strategic direction and operational capabilities as it navigates growth opportunities and market challenges in the coming years.

For further details, investors and stakeholders can contact Group Investor Relations at Kirloskar Industries.

The Upcoming IPOs in this week and coming weeks are Victory Electric Vehicles International, Blue Water Logistics, Unified Data - Tech Solutions, Dar Credit and Capital, Belrise Industries, Wagons Learning.

The Current active IPO are Borana Weaves.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.