ALPHA TRIBE

Kirloskar Oil Engines LimitedOthers, 08-08-2025: Shareholders meeting

08-08-2025 | 05:32 pm

Kirloskar Oil Engines' shareholders have approved all seven resolutions at the 16th Annual General Meeting. This includes the adoption of the company's financial statements for the fiscal year ended March 31, 2025. Investors will receive a final dividend of Rs. 4 per equity share, in addition to the Rs. 2.50 interim dividend already paid. Key directorial re-appointments, including the Managing Director, were also approved, ensuring leadership continuity. Significantly, the Board received consent for its step-down subsidiary, Arka Fincap Limited, to manage and monetize its assets, including loan receivables, up to Rs. 3,000 Cr in any financial year. This approval is crucial for the subsidiary's operational flexibility and financial health.

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