Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kilburn Engineering has informed that Chairman of the Board, Aditya Khaitan has stepped down as Chairman of the Board with a view to facilitate change in the management, pursuant to the terms of Debt restructuring proposal by RBL Bank implemented by the Company. He will continue as a Non-Executive, non-independent director on the Board. Members of the Board will consider appointment of new chairman of the Board at forthcoming Board Meeting of the company.
The above information is a part of company’s filings submitted to BSE.