Kirloskar Electric announces voluntary retirement scheme for Hubli unit

Kirloskar Electric Company Ltd. announced on October 15, 2025, that its board of directors has consented to a voluntary retirement scheme (VRS). This scheme is specifically for all "eligible employees/DREs of Hubli Unit" of the company, aligning with a VRS previously approved by the board.

The company stated that an update regarding the financial impact of this scheme will be communicated to both the Bombay Stock Exchange and the National Stock Exchange of India upon its conclusion. This intimation is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III.

The announcement was digitally signed by Mahabaleshwar Bhat, company secretary and compliance officer, for Kirloskar Electric Company Limited.