Board of Directors

Atul C. Kirloskar

Executive Chairman

Mr. Atul Kirloskar began his career in manufacturing processes and dealership management with the erstwhile Kirloskar Cummins Limited (now Cummins India) in the year 1978. In 1984, he moved to Kirloskar Oil Engines Limited and worked in various leadership positions and is currently the Executive Chairman of the Company. He was a member of the World Economic Forum and was the President of the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), Pune from 2000-2002. He served as the chairman of the CII National Committee of Defence from 2000 - 2008.

Sanjeev Nimkar

Managing Director

Mr Sanjeev Nimkar is a Vice-Chairman on the Board of La-Gajjar Machineries Private Limited a manufacturer of Varuna Water pumps. He has been instrumental in transforming the Company’s business processes as a digitally connected customer-centric organization since 2012.

He has over 25 years of a rich and extensive professional career in various capacities spans across diverse industries and companies such as Kirloskar Engines and Gensets, Philips Consumer Electronics, Philips Lighting, Dulux Paints (ICI), Varuna Electric Pumps and Lafarge Cement.

Before joining the Company in 2012, he was Director Marketing at Philips Lighting India. During his tenure at Philips, he led the company’s marketing functions including the technological transition to LED Lighting, Heading Audio Business. He was National Channel Head at ICI paints and Zonal Marketing Head for Lafarge. He implemented the “Base of Pyramid” project for Philips Lighting to capture Rural markets.

He has recently completed the AMP program at Harvard Business School, he holds a PGDM from IIM Calcutta, a Bachelor's degree in Electronics and Telecommunications from the College Of Engineering, Pune and Post Graduate Diploma in Industrial Law from Symbiosis Law College Pune.

He is the recipient of numerous industry honours for his contribution to the industry in various field.

Sunil Shah Singh

Non Executive Independent Director

Mr. Sunil Shah Singh (age 71) did his graduation B. Tech from Indian Institute of Technology, Delhi. He has experience in varied fields such as purchase, materials management, manufacturing overall business operations. He held many key positions like, Managing Director of ITD Cementation India Ltd., President of Energy works India Bechtel, Tetra Pak processing Kirloskar Pneumatic Co. Ltd, Board member of Mather Platt India Ltd.

Dr. Shalini Sarin

Non Executive Independent Director

Dr Shalini’s experience ranges from Chief People Officer to Corporate Social Responsibility to Business Leader for base of pyramid solar business across the globe. Profit with Purpose is her mantra & belief. She is an executive Director of an EV start-up and serves on several boards as an Independent Director. She is a mentor & advisor for HR, sustainability, leadership & transformation.

M. Lakshminarayan

Non Executive Independent Director

Mr. M. Lakshminarayan holds a Masters degree in Technology from the Indian Institute of Technology, Mumbai. After working in Tata Motors for 16 Years in the Pune plant, he moved to Bosch Ltd (MICO). He has served in various capacities before joining the Board as Joint Managing Director in 2000.He was the Managing Director of Harman International India Private Limited, a 100% subsidiary of Harman International USA from 2009 till 2017.He is deeply connected with the activities of CII and was the past Chairman, CII Southern Region. He is a Director in Kirloskar Oil Engines Limited, Carborumdum Universal Limited, Rane (Madras) Limited, apart from being the Chairman of WABCO
India.

Satish Jamdar

Non Executive Independent Director

Satish Jamdar (age 68), BTech, IIT Mumbai, Management studies in USA and UK, held leadership positions in several reputed organizations. He retired as Managing Director at Blue Star. Earlier he was with Siemens, Voltas, GEC Alstom and BPL Sanyo. He was actively involved with CII, as Chairman of the Maharashtra State Council and a few Western Region Sub-Committees. He is currently on the Board of a few leading Organisations as a non-Executive Director. 

Mrunalini Deshmukh

Non Executive Independent Director

Mrs. Mrunalini Deshmukh (age 60) is an alumnus of the St. Xavier’s College and the Government Law College, Mumbai, and holds an LLM from the University of Mumbai in Commercial Law and Matrimonial Law. She is a renowned lawyer with over 15 years of experience and a special expertise in Family Law. A dedicated advocate of gender equality, Mrs. Mrunalini often participates and addresses domestic and international conferences on issues relating to family law, structuring of wealth and alimony issues, and the laws governing women. She recently addressed an International Conference on Wealth Planning for Global Indian Families in Dubai, U.A.E.

Abraham Kandathil Mathew

Non Executive Independent Director

Dr. Abraham is a former civil servant from the IAS. He retired as the Chief Secretary to Government of Kerala. Earlier, he had a stint as Whole Time Member in SEBI. He is now the CEO of the Kerala Infrastructure Investment Fund Board (KIIFB) and is the Chairman of the Kerala Development and Innovation Strategic Council (K-DISC). He is a CFA and holds a PhD from Michigan and an M.Tech from IIT, Kanpur.

Rahul C. Kirloskar

Non Executive Non Independent Director

Rahul Kirloskar has been associated with the Kirloskar Group for more than 34 years. In 1993, he was appointed as the MD of Kirloskar Pneumatic, and in 1998 he took over as Chairman. From 2001 to 2012, he became the Director of Exports for Kirloskar Oil Engines, wherein the major areas were expanding export operations for Kirloskar Oil Engines and the entire Kirloskar Group. He founded Kirloskar Chillers and has also been the Chairman of Confederation of Indian Industry (CII) Pune Council as well as Maharashtra State CII Council. 

Nihal G. Kulkarni

Non Executive Non Independent Director

Nihal G. Kulkarni, B.A. in Economics from Brown University, USA, has over ten years of experience in the areas of finance and investments. He has undergone extensive training with the Kirloskar Group, Toyota Motor Sales, USA and DSP Merrill Lynch. He was Vice President in Kirloskar Pneumatic Company Limited upto 22 October 2010. He was appointed as the Managing Director of Kirloskar Industries Limited (KIL) on 23 October 2010. He has resigned as the Managing Director of KIL on 25 January 2012. He has been appointed as Managing Director of Kirloskar Oil Engines Limited with effect from 26 January 2012.

Mahesh R. Chhabria

Non Executive Non Independent Director

Mahesh’s belief in emerging India growth story and corporate India’s global aspiration led him to join Actis, a long standing leading private equity fund.  Before Actis he was a Partner at 3i, another private equity fund for whom he was a lead partner for healthcare investing.  Before 3i he was co-head at Enam, one of the leading investment banks in India. He holds a Bachelor of Commerce from the University of Mumbai, and is a Member of the Institute of Chartered Accountants of India.  He is currently the Managing Director of Kirloskar Industries Limited and is driving the strategy, capital allocation, risk and new investments for the group.

Gauri A. Kirloskar

Non Executive Non Independent Director

Ms. Gauri Kirloskar received a BSc. in Business Administration with a concentration in Finance from the Carnegie Mellon University, USA. After graduation, Gauri worked as an investment banking analyst at Merrill Lynch in their Mergers and Acquisitions group. Since moving back to India in 2010, Gauri has been focusing her efforts on strategic initiatives for the Kirloskar Group into infrastructure and investments as well as functioning as a director and observer at several Kirloskar Group companies. Her primary role is establishment of the Group's real estate business in Pune. She is also an active member of the committee of Kirloskar Oil Engines Limited that looks at new investments initiatives in the energy space.

Vinesh Kumar Jairath

Non Executive Non Independent Director

Mr. Jairath served in the Indian Administrative Service from 1982 till his voluntary retirement in March 2008. Amongst various posts during service, he also served as Secretary to Governor, MD SICOM and Principal Secretary Industries in Government of Maharashtra. He has over 38 years of experience in Public Administration, Industry, Finance, Infrastructure Planning, Development and Financing, Urban Development and Environmental Management. Post voluntary retirement he is working as Consultant and is also an Independent Director on Boards of various companies.

Yogesh Kapur

Additional Independent Director

Mr Yogesh Kapur, (Age 64), is Fellow Chartered Accountant (FCA) with over 38 years’ experience in financial services sector. He started his career in 1983 with Housing Development Finance Corporation Ltd (HDFC).  In 1991 he switched to Investment banking with HSBC and then joined Enam Securities Pvt Ltd a leading Investment banking /brokerage house in 1994. In 2012 with Axis Bank taking over the Investment Banking business of Enam Securities P Ltd, Mr Kapur moved to Axis Capital Ltd a wholly owned subsidiary of Axis Bank.

In 2014 he joined Axis Bank as Head- Strategic Relationship Group- Wholesale banking for north India. Post his superannuation in July 2017, he rejoined Axis Capital on a contract as Managing Director – special coverage. This contract is currently for period up to 31st July, 2022.

During his tenor as investment banker, Mr Kapur has worked with companies both in private and public sectors as these companies prepared to list on public markets. In addition he has been engaged in advising companies on strategic initiatives, reorganisation, business /corporate restructuring etc. Mr Kapur has very closely engaged during this period with DIPAM to manage initial listings and further divestments in listed public sector companies in accordance with Government’s directives/ decisions on the subject.

During his career positions with different organisations Mr Kapur has worked on number of international assignments including for USAID and World Bank in Sri Lanka and Ghana. He also served on committees set up by SEBI/ Government of India - Ministry of Finance to examine ADR/GDRs as well as Bonds regulations.

He is currently serving on the board of companies including HDFC Education and Development Services Ltd ( HEADS) , a 100 pct subsidiary of HDFC Ltd, SSIP Ltd a multibrand retailer of footware and apparel and has recently joined the Board of Greenlam Industries Ltd, a leading manufacturer of laminates.