Kirloskar Pneumatic Company Limited — JV/Acquisition, 27-04-2026: Acquisition
27-04-2026 · 06:10 pm
Kirloskar Pneumatic is taking full control of its subsidiary, Systems and Components India Private Limited. The company announced the acquisition of the remaining 44.74% equity shares for Rs. 12.55 Cr. This strategic move aims to consolidate Kirloskar Pneumatic's ownership, allowing for complete integration and streamlining of operations. Gaining 100% ownership will likely enhance operational synergies and provide clearer strategic direction for the subsidiary, strengthening Kirloskar Pneumatic's overall business.
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