Kirloskar Oil Engines Limited — Important, 14-05-2026: Capacity addition

Kirloskar Oil Engines (KOEL) board approved a ~Rs. 1,400 Cr capacity expansion at Kagal, adding 20,000 engines annually over two years. This move, financed by internal accruals and borrowings, will cater to demand and supports the company's USD 2 billion revenue target by FY2030.