Kirloskar Industries Limited announced that Kirloskar Ferrous Industries Limited (KFIL), a listed material subsidiary of the company, had earlier informed that the members of KFIL at their Annual General Meeting held on August 13, 2014, had approved the appointment of Mr. S. G. Chitnis as an Independent Director for a term of two consecutive years up to August 12, 2016. Further, KFIL informed that Mr. S. G. Chitnis, Independent Director has ceased to be Director of KFIL on August 12, 2016. The Company places on record its sincere appreciation towards his contribution.