Shareholders meeting

rjrlosrar Pneumatic Ref.: SEC&LEG/527 June 29,2026 BSE Limited National Stock Exchange of lndia Limited Ph iroze Jeejeebhoy Towers Exchange Plaza, C -1, Block G, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai400 001 Mumbai400 051. Scrip Code - 505283 NSE Symbol: KIRLPNU Dear Sir / Madam, Sub: Annual Report and Notice of the 51st Annual General Meeting Pursuant to the Regulation 34 and any other applicable provisions, if any, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2OI5 ("LODR Regulations, 2015"), we enclose herewith the Annual Report including Notice of the 51st Annual General Meeting ("AGM") of the Company for the f inancial year 2025-26. ln compliance with provisions of the Companies Act, 2013 ('the Act) and rules thereof, as amended, read with General Circular No.t4/2A20 dated 8th April,202O;the General Circular N0.17 /2020 dated 13th April, 2020; the General Circular No.2O/2020 dated 5th May, 2O2O; and the General Circular N0.03/2025 dated 22nd September, 2025 issued by the Ministry of Corporate Affairs ("MCA Circulars") read with the SEBI Master Circular No. H0/49/I4/74(7)2025-CFD-P0D2/|/3762/2026 dated 30th January,2Q26 read with other applicable Circulars and Notifications issued [including any statutory modif ication(s) or re-enactment thereof for the time being in force and as amended from time to time] (hereinafter referred as 'SEBI Circular'), the Annual Report including the Notice of the AGM is being sent only to those members, whose email addresses are registered with the Company / Registrar and Share Transfer Agent ("RTA") / their respective Depository Participants ("DP"). The Annual Report containing the Notice of the 51st AGM has also been uploaded on the website of the Company viz., www.kirloskarpneu matic.com You are requested to kindly take the same on your record. For# Kirloskar Pneumatic Company Limited Jitendra R. Shah Company Secretary Membership No:17243 Encl.: as above Kirloskar Pneumatic Company Limited A Kirloskar Group Company Regd. Office: Plot No. l, Hadapsar Industrial Estate, Hadapsar, Pune, Maharashtra 411013 Tel: +91 (20)26727000 Fax: +91 (20)26870297 Email: sec@kirloskar.com I Website: www.kirloskarpneumatic.com Cl N: 129120PN1974P1C110307 Pneumatic MADE IN KIRLOSKAR Engineering End to End Excellence At Kirloskar Pneumatic, excellence is not an outcome—it is an engineered process. We continuously strengthen every link of our value chain, from research and design to manufacturing, delivery and lifecycle support. Our approach combines deep engineering expertise, intellectual property creation, integrated manufacturing capabilities and customer-centric innovation to deliver reliable, efficient and future-ready solutions. As industries evolve and expectations rise, we remain focused on creating value through technological advancement, operational discipline and purposeful investments in manufacturing excellence. By integrating advanced engineering, digital technologies, sustainable practices and a culture of ownership, we are building solutions that address complex industrial challenges while supporting India's manufacturing ambitions. This philosophy enables us to move beyond products and deliver end- to-end engineering solutions to create lasting value for customers, stakeholders and society while reinforcing our journey from pioneers then to leaders now. Corporate Overview Statutory Reports Financial Statements Excellence rooted in a manufacturing mindset For generations, the Kirloskar Group has believed that manufacturing is more than an industrial activity—it is a catalyst for economic progress, employment generation and nation building. This conviction has shaped our journey from being among the pioneers of manufacturing in India to becoming a trusted leader delivering world-class engineering solutions. As manufacturing has evolved from craftsmanship to intelligent, digitally enabled ecosystems, the foundation of competitiveness has evolved as well. Today, sustainable value creation extends beyond efficient production to encompass intellectual property, integrated capabilities, engineering expertise and close customer partnerships. Success lies not only in what is manufactured, but in how value is created across every stage of the journey. At Kirloskar Pneumatic, this philosophy drives our pursuit of end-to-end excellence. We focus not merely on optimising supply chains, but on strengthening the value chain through innovation, technology and deeper participation across the manufacturing ecosystem. By combining advanced engineering with operational discipline and a culture of ownership, we create differentiated solutions that are reliable, efficient and future ready. Rooted in a manufacturing mindset and guided by a spirit of collaboration and shared progress, we continue to create value through engineering—strengthening industries, generating opportunities and supporting India's aspiration of becoming a global manufacturing powerhouse. This enduring philosophy reinforces our journey from pioneers then to leaders now, as we continue to engineer excellence across every link of the value chain. 02 Kirloskar Pneumatic Company Limited | A Kirloskar Group Company Annual Report 2025-26 03 CONTENTS INTRODUCING About the report 05 Corporate Overview Statutory Reports Financial Statements THE REPORT Corporate information 06 INTRODUCING THE REPORTFinancials at a glance 07 About the report CORPORATE About Kirloskar Group 08 CORPORATE OVERVIEW About Kirloskar Pneumatic Company Limited 14 OVERVIEW We are pleased to present our Annual Scope and boundary Our offerings 18 Report for FY 2025-26, which includes This Report provides comprehensive information about the business activities Presence 25 voluntary disclosures to the extent of Kirloskar Pneumatic Company Limited (KPCL) suitably communicated Awards and accolades 26 available to us, in accordance with the through the six strategic goals, as per the framework defined by the IFRS Foundation. Board of Directors 28 reporting framework developed by the The document encapsulates our business model, overarching performance Leadership team 30 IFRS Foundation. and corresponding results. It’s important to note that the financial capital- The Report is primarily intended to related parameters discussed in this Report pertain exclusively to ‘Kirloskar PERFORMANCE Chairman’s message 32 Pneumatic Company Limited’ on a standalone operation. OVERVIEW address the information requirements Performance review 34 of investors (our equity and prospective Key wins and developments 36 Reporting period PERFORMANCE OVERVIEW investors). Our endeavour is to present The major reporting period for this Annual Report is from April 1st, 2025 to this information in a manner that is also March 31st, 2026. However, certain portions of the Report provide facts and relevant to all the key stakeholders. numbers from prior years in order to give readers a complete picture. VALUE- Value creation model 38 VALUE- CREATION Stakeholder engagement 40 Assurance for financial statements APPROACH CREATION Materiality assessment 42 To ensure the integrity of facts and information, the financial information Aligned with: statements are audited by Kirtane & Pandit LLP. The Independent Auditors’ Strategic priorities 44 APPROACH l The Companies Act, 2013 Report has been duly incorporated as part of this Report. Risk management 48 l Indian Accounting Standard Stakeholder engagement and materiality SUSTAINABILITY Environment 50 l T he Securities and Exchange Board of India (Listing Obligations and Disclosure AT KPCL KPCL regularly engages with key stakeholders — investors, customers, Employees 54 Requirements) Regulations, 2015 employees, suppliers, regulators and communities — through AGMs, Communities 60 investor calls, surveys and feedback channels, incorporating their SUSTAINABILITY AT KPCL expectations into strategic priorities. Governance 62 The Report's content is shaped by [Showing first 8,000 characters — download PDF for full document]