Kirloskar Pneumatic Company Limited (KPCL) on Wednesday appointed Aman Rahul Kirloskar as Managing Director for a five-year term effective April 1, 2026. The Pune-based engineering firm simultaneously announced the conclusion of outgoing MD Srinivasan’s tenure, effective March 31, 2026. The stock closed 4.4 per cent higher at ₹1,085.80 on the NSE on the day of the announcement.
Aman Kirloskar’s appointment had already received shareholder approval through a postal ballot process concluded prior to today’s formal announcement.
Experience within the group
The incoming MD brings experience from within the Kirloskar Group, having previously held roles spanning operations, supply chain, and business strategy. The company credited him with contributing to record revenues and the expansion of key product lines during his earlier tenures within the group.
Chairman backs new leadership
Chairman Rahul Kirloskar stated that the company is confident the new MD’s leadership will build on KPCL’s legacy while opening new avenues for growth.
Company profile and operations
KPCL, listed on both BSE (scrip code 505283) and NSE (symbol: KIRLPNU), was established in 1958 and manufactures air, refrigeration, and gas compressors, vapour absorption chillers, and industrial gearboxes. The company serves sectors including steel, cement, pharmaceuticals, railways, defence, and oil and gas, and is also a player in India’s CNG compression segment.
The stock opened at ₹1,060, touched an intraday high of ₹1,099.90, and settled at ₹1,085.80, against a previous close of ₹1,040.00 — a gain of ₹45.80 on the day.