Kirloskar Electric Company Limited announced that due to personal reason Mr. Anand Balaramacharya Hunnur Managing Director of the company has decided to step-down as Managing Director on May 31, 2019 and the same was approved by the Board of Directors at its meeting held on April 12, 2019. However Mr. Anand Balaramacharya Hunnur will continue to work for the company at the role as may be decided by the Executive Chairman of the company.