Promoted by Kirloskar Brothers Ltd., Pune, the Company was
incorporated in Bangalore on 26th July, 1946 under the Mysore
Companies Act XVIII of 1938, with technical and financial
participation of well known British Company i.e. Brush Electrical
Engineering Company Ltd., Loughborough, England, which is now a
member of Hawker Siddeley Group.
Kirloskar Brothers Ltd. is a Public Limited Company, incorporated
under the Indian Companies Act, VII of 1913, on 15th January, 1920.
This Company is engaged in the manufacture and sale of power driven
pumps, metal cutting including grinding machines, valves, hermetic
sealed compressor units, hydraulic and pneumatic equipment etc.
Kirloskar Electric Company Limited is a well established and
professionally managed company of 45 years standing, of the Kirloskar
Group. It has an unbroken dividend record of 37 years, six Bonus
Issues and four Right issues. The main business activity of the
Company is the manufacture and sale of a diverse range of electrical
and electronic equipments such as AC Induction Motors, Transformers,
AC Generators, DC Machines, Control Equipment and Systems, Power
Electronics products. Instrumentation. Automation and Systems
Division of the Company has specialised in executing System Packages
for large industries like steel, fertilisers, cement, sugar and other
The Company has four manufacturing plants - the first unit at
Bangalore produces higher range AC machines, Transformers, and
Control Equipments; the second unit at Hubli turns out small and
medium range AC Machines, the third unit at Peenya, Bangalore,
produces DC Machines and the fourth unit at Mysore specialises in
The accounting year was changed from 30th June to 31st March, in
The Board of Industrial & Financial Reconstrction (BIFR), New Delhi,
vide their sanction dated 21-12-1992 has approved the scheme of
amalgamation of Wardhaman Automotive Electrical Ltd (WAEL), with the
Company with effect from 1-4-1992 being the transfer date.
-Kirloskar Electric Company Ltd has appointed Mr. V P Mahendra and
Mr. Kamlesh Gandhi as Additional Directors of the Company.
- Kirloskar Electric Company Ltd has informed that the Company has
formed a Subsidiary Company in the Netherlands under the name Kirsons
- Appointed Mr. Anuj Pattanaik as an Additional Director of the
Company. He has also been appointed as the Dy.Managing Director of
- The equity shares of Kirloskar Electric Company Ltd (Scrip Code:
533193) are listed and admitted to dealings on the Exchange in the
list of 'B' Group Securities.
- Kirloskar Electric has successfully developed & supplied first of
its kind 500 kVA, 750 Volts undercarriage mounted powerpack to Indian