Kirloskar Ferrous Industries Ltd — Important, 07-05-2026: Company Update
07-05-2026 · 06:28 pm
Kirloskar Ferrous Industries' board allotted 52,900 new equity shares after employees exercised stock options, leading to an increase in the company's paid-up share capital. This move incentivizes employees and aligns their interests with shareholder value. Additionally, the board approved seeking shareholder approval to raise up to ₹ 1,000 crore through Non-convertible Debentures. This strategic financial strengthening aims to support the company's future growth plans and ongoing operational needs.
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