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Kirloskar Oil Engines Limited has announced a board meeting on December 19, 2024, where the Stakeholders Relationship Committee allotted 23,235 fully paid-up equity shares of Rs. 2 each under the Employee Stock Option Plan 2019. This increases the issued and paid-up share capital, enhancing the company’s equity structure. The total issued capital now stands at 14,51,36,159 shares, totaling Rs. 29,02,72,318. This move could foster employee engagement and retention, potentially creating a positive outlook for investor sentiment by aligning employee interests with shareholder value.