Kirloskar Industries Limited has announced an update regarding its material subsidiary, Kirloskar Ferrous Industries Limited (KFIL). KFIL's Board of Directors, in a meeting held on 7 May 2026, approved the allotment of 52,900 equity shares of ₹5 each under its Employee Stock Option Schemes. This allotment increases KFIL's issued, subscribed, and paid-up share capital to ₹82,48,72,715, comprising 16,49,74,543 equity shares of ₹5 each. Furthermore, the Board of Directors at KFIL has approved seeking shareholder approval for fundraising not exceeding ₹1,000 Crores through the issuance of Non-convertible Debentures in one or more tranches. Kirloskar Industries Limited is providing this information as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosing a copy of KFIL's intimation for reference.
