Avante Spaces Limited, a wholly owned subsidiary of Kirloskar Industries Limited (KIL), has appointed George Verghese as its Managing Director. The appointment was approved by the company’s Board of Directors at its meeting held on September 18, 2026, and is effective from the same date. His tenure will continue until May 19, 2030.
Mr Verghese will take on the responsibility at Avante Spaces alongside his existing role as Managing Director of Kirloskar Industries Limited, a position he has held since May 20, 2025. The appointment adds to his responsibilities across the Kirloskar Group and is expected to support the development of Avante Spaces’ real estate business.
Rahul Kirloskar, Chairman of the Board, Avante Spaces Limited, said, “For over five years, George has been actively involved across multiple Kirloskar Group companies, contributing to business strategy, operational execution, and initiatives spanning HR, marketing, and culture. His experience across these areas has added valuable perspective to the Group’s journey, and his expertise will further strengthen Avante Spaces as it builds for the future.”
Mr Verghese joined the Kirloskar Group in April 2021 as Vice President – Group HR. He later served as Chief Human Resources Officer and Chief of Staff at Kirloskar Oil Engines Limited. During his tenure, he was part of the core leadership team involved in the company’s strategic business turnaround.
Since becoming Managing Director of KIL in 2025, Mr Verghese has worked with leadership teams and boards across various group companies on strategic direction, operational alignment and organisational development. His responsibilities have included transformation initiatives, organisational effectiveness, governance practices and aligning business strategy with changing business priorities.
Mr Verghese brings more than 21 years of leadership experience across global organisations, including Dell, Reliance Communications, UST Global and Cummins. His professional experience covers business operations, human resources, business strategy, marketing and branding.
He holds a Master’s degree in Management from XLRI Jamshedpur and a Bachelor’s degree in Engineering from the College of Engineering, Munnar. The appointment comes as Avante Spaces develops its real estate business under the Kirloskar Group. The company is the real estate arm of the 135-year-old Kirloskar Group and is focused on developing commercial and other real estate projects with an emphasis on functionality, sustainability and technology.
As a wholly owned subsidiary of Kirloskar Industries Limited, Avante Spaces is building its business around real estate developments designed for contemporary business and urban requirements. The company aims to combine the Kirloskar Group’s industrial legacy with its approach to real estate development.
The leadership appointment places Mr Verghese in charge of Avante Spaces while he continues to lead KIL. His experience across multiple functions and Kirloskar Group companies will form part of the company’s leadership as it works on its future business plans.
Avante Spaces is the real estate business of the Kirloskar Group and a 100% subsidiary of Kirloskar Industries Limited. The company focuses on real estate development with an emphasis on innovation, sustainability and functionality. Its projects are designed to support contemporary business requirements and everyday user needs.
