Kirloskar Ferrous Industries Ltd — Important, 07-05-2026: Company Update

Kirloskar Ferrous Industries' Board has allotted 52,900 new equity shares of ₹ 5 each to employees who exercised stock options. Consequently, the company's paid-up share capital has increased to ₹ 82.49 Cr, now consisting of 16,49,74,543 equity shares. Furthermore, the Board has approved seeking shareholder consent to raise funds up to ₹ 1,000 Cr. This fundraising will be achieved through the issuance of Non-convertible Debentures in one or more tranches, enhancing the company's financial flexibility.