Shareholders meeting

KIRLOSKAR ELECTRIC COMPANY LTD., Sect./14/2026-27 July 21, 2026 The Manager, The Manager, Corporate Relationship Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, 2nd Floor, New Trading Ring, C-1, Block ‘G’, 5th Floor, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400 001. Mumbai – 400051. Scrip: 533193; ISIN: INE134B01017 Symbol: KECL; ISIN: INE134B01017; Dear Sir / Ma’am, Sub: Notice of 79th Annual General Meeting (“AGM”) of the Company Ref: Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015; In compliance with the above regulations under reference, this is to inform that: 1. The 79th AGM of the Company is scheduled to be held on Thursday, the 13th day of August 2026 at 11.00 AM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with all the applicable provisions of the Companies Act, 2013 and the rules framed thereunder and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with General Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs (‘MCA’) (hereinafter referred to as “the Circular”), to transact the business set forth in the Notice of the AGM. 2. The notice of 79th AGM is enclosed; 3. Further, in terms of Section 108 of the Companies Act, 2013 read with the rules made thereunder and in accordance with the MCA Circular and Circular No. SEBI/HO/CFD/PoD- 2/P/CIR/2023/4 dated January 5, 2023 issued by SEBI, the Company is providing remote e- voting facility to its members for the businesses to be transacted at 79th AGM through the services provided by Central Depository Services (India) Limited (“CDSL”) at www.evotingindia.com. The shareholders holding shares as on Thursday, August 06, 2026 being the ‘Cut-off Date’, fixed for determining the voting rights of members are entitled to participate in the e-voting process. The detailed instructions for e-voting are given in the notice of the AGM. Regd. Office: No. 19, 2nd Main Road, Peenya 1st Stage, Phase -1, Peenya, Bengaluru, Karnataka, 560058 T+91 80 2839 7256, F +91 80 2839 6727; Email Id: investors@kirloskarelectric.com Customer care No. : 1800 102 8268, website: www.kirloskarelectric.com CIN: L31100KA1946PLC000415 KIRLOSKAR ELECTRIC COMPANY LTD., 4. The e-voting period will commence on Monday, August 10, 2026 (from 9.00 A.M) and will end on Wednesday, August 12, 2026 (at 5.00 P.M); It is requested that the above may please be taken on record. Thanking you Yours faithfully For Kirloskar Electric Company Limited Mahabaleshwar Bhat Company Secretary & Compliance Officer Encl: a/a Regd. Office: No. 19, 2nd Main Road, Peenya 1st Stage, Phase -1, Peenya, Bengaluru, Karnataka, 560058 T+91 80 2839 7256, F +91 80 2839 6727; Email Id: investors@kirloskarelectric.com Customer care No. : 1800 102 8268, website: www.kirloskarelectric.com CIN: L31100KA1946PLC000415 KIRLOSKAR ELECTRIC COMPANY LIMITED NOTICE OF 79th ANNUAL GENERAL MEETING NOTICE is hereby given that the SEVENTY NINTH ANNUAL enactment(s) thereof, for the time being in force), the GENERAL MEETING (AGM) of the members of KIRLOSKAR provisions of the Articles of Association of the Company and ELECTRIC COMPANY LIMITED will be held on Thursday, the based on the recommendations of Nomination and 13th day of August, 2026 at 11.00 A.M through Video Remuneration Committee of the Board of Directors, the Conferencing / Other Audio Visual Means to transact the consent of the Company be and is hereby accorded to following businesses: reappoint Mr. Vijay R Kirloskar (DIN: 00031253), as Whole- time Director of the Company for a period of three (3) years, ORDINARY BUSINESS: whose term shall be liable to retire by rotation and shall be 1. To receive, consider and adopt: designated as 'Executive Chairman' of the Company with a) the audited standalone financial statement of the effect from August 12, 2026 with the remuneration structure Company for the year ended March 31, 2026 together of ₹ 7,50,00,000/- (Rupees Seven Crores Fifty Lakhs only) with the reports of the Board of Directors and Auditor's per annum with liberty to the Board of Directors to alter and thereon; and vary the terms and conditions of the said appointment and/or b) the audited consolidated financial statement of the agreement including the details of remuneration as set out Company for the financial year ended March 31, 2026 hereunder: and the report of Auditors’ thereon and in this regard, to (a) Salary: consider and if thought fit, to pass the following ₹ 3,16,56,000/- (Rupees Three Crore Sixteen Lakhs resolutions as an 'Ordinary Resolutions': Fifty Six Thousand Only) per annum with such (a) “RESOLVED THAT the audited standalone financial increments each year, as may be decided by the statement of the Company for the financial year ended Nomination and Remuneration Committee ('Committee') March 31, 2026 and the reports of the Board of Directors and/or the Board of Directors, based on merit and taking and Auditors' thereon, as circulated to the members be into account the Company's performance for the year; and are hereby considered and adopted.” (b) Perquisites and allowances: (b) “RESOLVED THAT the audited consolidated financial The Chairman shall be entitled to perquisites and statement of the Company for the financial year ended allowances like rent free accommodation (including March 31, 2026 and the report of the Auditors' thereon, maintenance fee) or house rent allowance in lieu thereof, as circulated to the members, be and are hereby special allowances, car allowance,performance considered and adopted.” incentive, reimbursement of water expenses, gas and 2. To appoint a director in place of Ms. Rukmini Kirloskar electricity bills at residence and medical expenses for (DIN: 00309266), who retires by rotation and being self and his family and all other payments in the nature of eligible, offers herself for re-appointment and in this perquisites and allowances subject to ceiling of regard to consider and if thought fit, to pass the following ₹ 3,32,74,120/- (Rupees Three Crore Thirty Two Lakhs resolution as an 'Ordinary Resolution': Seventy Four Thousand One Hundred & Twenty Only) “RESOLVED THAT in accordance with the provisions of per annum which shall also include premium payable section 152 and other applicable provisions of the towards medi-claim and personal accident insurance as Companies Act, 2013, Ms. Rukmini Kirloskar (DIN: per the policies of the Company and such increments 00309266), Non Executive Non Independent Director, who each year, as may be decided by the Nomination and retires by rotation at this meeting and being eligible has Remuneration Committee ('Committee') and/or the offered herself for reappointment, be and is hereby Board of Directors, based on merit and taking into appointed as Director of the Company.'' account the Company's performance for the year; SPECIAL BUSINESS: Explanation 3. To re-appoint Mr. Vijay R Kirloskar (DIN: 00031253) as For the purpose of calculating the above ceiling, Executive Chairman of the Company (Whole-time perquisites shall be evaluated as per the provisions of Director) and to consider and, if thought fit, to pass the the Companies Act, 2013, Rules made thereunder and following resolution as a 'Special Resolution'. as per the provisions of the Income tax Act, 1961 and Rules made thereunder. In the absence of any such rule, “RESOLVED THAT in terms of the provisions of Sections perquisites shall be evaluated at actual cost. 196, 197, 200, 203 and other applicable provisions, if any, of the Companies Act, 2013 read with Companies “Family” shall have the same meaning as defined under (Appointment and Qualification of Directors) Rules, 2014 Schedule V of the Companies Act, 2013. and other applicable provisions, if any of the Companies Use o [Showing first 8,000 characters — download PDF for full document]