Kirloskar Industries Limited has announced updates regarding its material subsidiary, Kirloskar Ferrous Industries Limited (KFIL). KFIL has informed the stock exchange about the allotment of equity shares pursuant to its Employee Stock Option Schemes.
Kirloskar Ferrous Industries Limited (KFIL) has allotted 87,690 equity shares of ₹5 each upon exercise of stock options under its 'KFIL Employee Stock Option Schemes'. Following this allotment, the issued, subscribed, and paid-up share capital of the company stands increased to ₹82,36,95,340, comprising 16,47,39,068 equity shares of ₹5 each.
The Stakeholders Relationship Committee of KFIL met on September 3, 2025, to approve the allotment. The meeting commenced at 2:30 p.m. and concluded at 2:45 p.m.
The intimation regarding the equity share allotment has been filed with the stock exchanges, and a copy has been provided to Kirloskar Industries Limited for reference.
Kirloskar Industries has requested that the stock exchange take the information on record.
Kirloskar Industries Limited is a Kirloskar Group Company. The company’s shares are listed on the BSE with the scrip code 500243 and on the NSE with the scrip code KIRLOSIND.
Kirloskar Ferrous Industries Limited is also a listed company. Its shares are listed on the BSE with the scrip code 500245.
Kirloskar Industries has requested that the stock exchange take the information on record.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!