Kirloskar Pneumatic Company Limited Announces Leadership Transition

Pune, April 1, 2026: Kirloskar Pneumatic Company Ltd (KPCL) (BSE : 505283, NSE: KIRLPNU), a prominent player in Air, Refrigeration & Gas Compression business in India, today announced a key leadership transition, marking a significant milestone in the Company’s growth journey.

Effective March 31, 2026, Mr. Srinivasan has concluded his tenure as Managing Director. The Board of Directors and the entire KPCL fraternity extend their sincere gratitude to Mr. Srinivasan for his exemplary leadership, unwavering commitment and invaluable contributions. Under his guidance, KPCL strengthened its operational capabilities, navigated evolving market dynamics and reinforced its position as a trusted engineering solutions provider.

We are pleased to announce that Mr. Aman Kirloskar has assumed the role of Managing Director for a five-year term, effective April 1, 2026. His appointment follows strong endorsement from our shareholders through the recently concluded postal ballot process. The Board expresses its deep appreciation to the shareholders for their continued trust in the Company’s strategic direction.

Mr. Aman Kirloskar brings an impressive track record from within the Kirloskar Group, having held leadership roles across operations, supply chain, and business strategy. He has been instrumental in driving growth initiatives and enhancing our focus on innovation and sustainability. In his previous roles, KPCL achieved significant milestones, including record revenues and the expansion of key product lines.

Commenting on the announcement, Rahul Kirloskar, Chairman, KPCL said,
“KPCL has always stood on the foundation of a strong legacy combined with a forward-looking mindset. As we enter this new phase, we are confident that Aman’s dynamic leadership will build on this legacy while unlocking new opportunities for growth.”

The Company remains committed to building on its strong legacy while embracing new opportunities under this new leadership. We look forward to leveraging Mr. Aman Kirloskar’s vision to drive sustained growth and long-term value creation.

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About Kirloskar Pneumatic Company Ltd.

Established in 1958, Kirloskar Pneumatic Company Ltd. (KPCL) is a diversified company offering a comprehensive range of products, including Air, Refrigeration, and Gas compressors and systems, vapour absorption chillers, and industrial gearboxes. Serving various industries such as steel, cement, cold chains, food and beverages, pharmaceuticals, railways, defense and marine, KPCL holds a significant presence in the Oil & Gas sector. Notably, the Company is a key player in CNG business in India

Leveraging extensive industry experience, KPCL has forged technology partnerships with leading global companies and research institutes, ensuring cutting-edge solutions and innovations. The company has been recognized with numerous awards for excellence in quality, innovation, merit, training programs, HR initiatives, and in-house communication, establishing itself as a leader in the industry.

Safe Harbor Statement

Statements in this document, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.