Kirloskar Ferrous Industries Ltd — Important, 18-03-2026: Company Update

Kirloskar Ferrous Industries has received NCLT approval for the merger of its wholly-owned subsidiaries, Oliver Engineering (OEPL) and Adicca Energy (AESPL), with itself. The NCLT has granted dispensation from holding shareholder and creditor meetings for all three companies, simplifying the amalgamation process. This strategic move aims to consolidate businesses, optimize costs, and leverage synergies, strengthening KFIL's market position. Unsecured creditors for OEPL total Rs. 245.46 Cr, AESPL Rs. 3.97 Cr, and KFIL Rs. 1,885.97 Cr. This merger will simplify the company’s structure and operations.