Updates

21 September 2026 BSE Limited National Stock Exchange of India Limited The Manager The Manager Corporate Relationship Department Listing Department 1st Floor, P. J. Towers, Exchange Plaza, C -1, Block G, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai 400 001. Mumbai 400 051. BSE Scrip Code: 500243 NSE Scrip Code: KIRLOSIND Sir / Madam, Subject: Updates of material subsidiary We wish to inform you that Kirloskar Ferrous Industries Limited (KFIL), a listed material subsidiary of the Company, has intimated to the stock exchange, where the shares of KFIL are listed, an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the Listing Regulations), a copy of the intimation (which is self-explanatory) filed with the stock exchanges by KFIL is enclosed for your ready reference. You are requested to take the same on your record. Thanking you. For Kirloskar Industries Limited Ashwini Mali Company Secretary Encl: a/a Kirloskar Industries Limited A Kirloskar Group Company Regd. Office: One Avante, Level 14, Karve Road, Kothrud, Pune 411 038 Tel: 020-69065007 Email: investorrelations@kirloskar.com | Website: www.kirloskarindustries.com CIN: L70100PN1978PLC088972 Ref No. 3368/26 21 September2026 The Department of Corporate Services BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai 400001 (Scrip code :500245) Dear Sir/ Madam, Subject :Press Release Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; we submit the Press Release in respect of the outcome of the Board Meetingheld on 21 September 2026. You are requested to take the same on record. Thanking you, Yours faithfully, For Kirloskar Ferrous Industries Limited Mayuresh Digitally signed by Mayuresh Vinayak Vinayak Gharpure Date: 2026.09.21 16:32:32 Gharpure +05'30' Mayuresh Gharpure Company Secretary Encl : a/a Kirloskar Ferrous IndustriesLimited A Kirloskar Group Company Registered Office: 'One Avante', Level 5, Karve Road, Kothrud, Pune 411038, Maharashtra Telephone : +91 (20) 69065040 Email : kfilinvestor@kirloskar.comWebsite: www.kirloskarferrous.com CIN: L27101PN1991PLC063223 Kirloskar Ferrous appoints Ajay Pa(cid:415)l as Joint Managing Director Aims to fuel the growth journey by leveraging diverse exper(cid:415)se Pune, 21 September 2026: Kirloskar Ferrous Industries Limited (BSE: 500245), one of the leading cas(cid:415)ngs and pig iron manufacturers and a leading player in steel and seamless tubes in India, today announced that its Board of Directors, at its mee(cid:415)ng held on 21 September 2026, approved the appointment of Ajay Pa(cid:415)l as Joint Managing Director. His appointment is effec(cid:415)ve from 21 September 2026 to 20 September 2029. Mr. Pa(cid:415)l brings extensive experience of 36 years in driving profitable growth, corporate governance, business strategy, capital alloca(cid:415)on, enterprise transforma(cid:415)on, mergers and acquisi(cid:415)ons, joint ventures, sustainability and enterprise risk management. Commen(cid:415)ng on this, R. V. Gumaste, Managing Director at Kirloskar Ferrous Industries Limited (KFIL), said, “We are pleased to welcome Ajay to our leadership team. His extensive exper(cid:415)se in business strategy and transforma(cid:415)on will bring significant value to our organisa(cid:415)on. This appointment further strengthens the leadership bandwidth and aligns with our priori(cid:415)es of sustainable growth, enhancing KFIL’s posi(cid:415)on in the market.” Un(cid:415)l recently, he served as the Global Chief Financial Officer of RSB Transmission (India) Limited, a Bain Capital por(cid:414)olio company. His career spans listed companies, private equity-backed businesses, mul(cid:415)na(cid:415)onal corpora(cid:415)ons and joint ventures. Over the years, he has held posi(cid:415)ons of increasing responsibility with leading diversified industrial technology companies such as Cummins, Honeywell, and Eaton, progressing to regional and global leadership roles with execu(cid:415)ve responsibili(cid:415)es across Asia Pacific, the Middle East, Africa, the Americas and global opera(cid:415)ons. Ajay has been associated with the School of Sustainability at the Indian Ins(cid:415)tute of Technology (IIT) Madras. He is a Cost and Management Accountant (CMA) and holds a Master's degree in Commerce. About Kirloskar Ferrous Industries Limited Founded in 1991, Kirloskar Ferrous Industries Limited is one of India’s largest cas(cid:415)ngs and pig iron manufacturers. The company caters to various industry sectors, such as tractors, automobiles and diesel engines. The manufacturing facili(cid:415)es at Koppal, Hiriyur, Solapur and Rajpura have the unique capability of producing a range of products that include grey iron cas(cid:415)ngs up to 1000 kg pieces. The company also produces various grades of pig iron such as SG iron grade, basic steel grade and foundry grade. Kirloskar Ferrous Industries Limited is expanding its manufacturing capaci(cid:415)es in pig iron and cas(cid:415)ng. The company has 3D prin(cid:415)ng facili(cid:415)es, enabling fast development of new products and capability ramp-ups. The company supplies fully machined cas(cid:415)ngs and has added a coke oven manufacturing facility with waste- heat recovery power. KFIL’s product range now extends to alloy steel and seamless tubes. The company has established a recognisable posi(cid:415)on in alloy steel and seamless tubes, catering to bearing, boiler tube, and automo(cid:415)ve piping applica(cid:415)ons. For further Informa(cid:415)on Please Contact: Group Investor Rela(cid:415)ons Ms. Mayura Bhusari Telephone : (020) 69065009 Email : mayura.bhusari@kirloskar.com