Kirloskar Pneumatic Company Limited — JV/Acquisition, 27-04-2026: Acquisition

Kirloskar Pneumatic is expanding its core business by acquiring the remaining 44.74% stake in Systems & Components (India) Private Limited (SCIPL) for Rs. 12.55 Crores. This makes SCIPL a wholly-owned subsidiary, deepening Kirloskar Pneumatic's presence in the industrial refrigeration sector. SCIPL, a long-standing player with a manufacturing plant in Murbad, reported a turnover of Rs. 28.26 Cr in FY26. This full acquisition aims for tighter integration and strategic alignment within its similar line of business.