Kirloskar Industries Limited — Others, 10-02-2025: ESOP/ESOS/ESPS

Kirloskar Industries has announced a board meeting on February 10, where the standalone and consolidated financial results for the quarter and nine months ended December 31, 2024, were approved. Total standalone income reached ₹14.49 crore, with a profit before tax of ₹57.59 crore, resulting in a profit after tax of ₹47.46 crore. The company allotted 1,780 equity shares following the exercise of stock appreciation rights, increasing paid-up capital to ₹10.41 crore. Additionally, Mr. Akshay Sahni was appointed as Chief Operating Officer effective April 1, 2025, pending shareholder approval. This strategic move signals an effort to strengthen operational leadership, potentially enhancing business execution and investor confidence.