Kirloskar Oil Engines Limited — Updates, 11-02-2026: General Updates
11-02-2026 | 06:53 pm
11-02-2026 | 06:53 pm
Kirloskar Oil Engines' board approved a ~8 Cr investment in its subsidiary KIME. KIME will acquire KTSPL (a promoter group company) for ~5.5 Cr, making KTSPL a step-down subsidiary. This aims to expand KOEL's direct OEM presence in Africa, replacing its distributor model. KTSPL FY25 income: 15.5 Cr.
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