Kumble and Srinath, who won KSCA elections in 2010, announced on Friday evening that they will not contest this year's polls.
"We have decided to 'Not Contest' the ensuing election," Kumble said at a press conference at the M Chinnaswamy Stadium here.
The press conference was addressed by Kumble, Srinath and Rahul Dravid.
Kumble said he and his team was satisfied with what they have achieved in the three-year term and making way for "fresh ideas".
"We have enjoyed this innings serving Karnataka cricket immensely and would like to acknowledge everyone," Kumble said.
"Finally, before motives are attached to our decision to move on, let it be known that Karnataka cricket is dear to us and we will be closely monitoring its progress," Kumble added.
At the same press briefing, Kumble, Srinath and Dravid released a 125-page book highlighting their achievements from 2010-2013 as office-bearers of KSCA.
With Kumble and Srinath staying away, it paves the way for previous committee of former India batsman Brijesh Patel to return.
When ThatsCricket contacted Patel on the developments he confirmed that he will contest for secretary's post.
"I heard about their (Kumble and Srinath) decision," Patel said and added, "I will be contesting for secretary's post."