Kirloskar Ferrous Industries Ltd — Important, 03-06-2026: Company Update

Kirloskar Ferrous Industries has received approval from the National Company Law Tribunal for its scheme to merge Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with itself. This strategic merger consolidates operations, streamlines the corporate structure, and aims for significant cost optimization and enhanced business synergies. Since Oliver Engineering and Adicca Energy are wholly-owned subsidiaries, KFIL will not issue any new shares as part of the merger, avoiding dilution for existing shareholders. The integration will strengthen KFIL's overall asset base and revenue streams, as the subsidiaries are now dissolved into the parent company.