Kirloskar Ferrous Industries Ltd — Important, 03-09-2025: Company Update
03-09-2025 | 03:05 pm
03-09-2025 | 03:05 pm
Kirloskar Ferrous Industries (KFIL) has allotted 87,690 new equity shares, each valued at ₹ 5, through its Employee Stock Option Schemes. This action by the Stakeholders Relationship Committee increases the company's total issued, subscribed, and paid-up share capital. The new capital now stands at ₹ 82.37 Cr, representing a total of 16,47,39,068 equity shares, each at ₹ 5. This move expands employee ownership, aligning their interests with the company's long-term growth and is generally seen as a positive step for shareholder value.
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