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Kirloskar Industries LimitedQIP/Rights/Pref., 23-07-2025: Allotment of Securities

23-07-2025 | 10:59 am

Kirloskar Industries Limited has allotted 1,425 new equity shares, each priced at ₹10, to its employees under the company's Stock Appreciation Rights Plan 2019. This allotment slightly increases the company's paid-up share capital from 1,04,16,470 to 1,04,17,895 equity shares. The total paid-up capital value now stands at approximately ₹10.42 Cr. This move, primarily for employee incentives, results in a minor capital infusion and aligns employee interests with shareholder growth. It represents a minimal dilution for existing shareholders. #KirloskarIndustries #ESOP #EquityAllotment

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