Kirloskar Ferrous Industries Ltd — Important, 28-08-2025: Company Update

Kirloskar Ferrous Industries has completed the voluntary liquidation of its Luxembourg-based subsidiary, ISMT Enterprises SA. Shareholders have closed the proceedings, and the company awaits a formal deregistration certificate. This subsidiary reported a total income of ₹ 2.88 Cr and a profit after taxation of ₹ 2.50 Cr for the financial year 2024-2025 but held a negative net worth. The closure streamlines KFIL's corporate structure by removing an entity with a negative net worth, simplifying overall operations.