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Kirloskar Ferrous Industries LtdImportant, 11-06-2026: Company Update

11-06-2026 | 10:23 pm

Kirloskar Ferrous Industries confirms its Scheme of Arrangement and Merger by Absorption with Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited is now operative. The merged entities are dissolved into KFIL. Since the acquired companies were wholly-owned subsidiaries, no new KFIL shares will be issued, and their existing share capital is cancelled. KFIL's authorized share capital stands amended to ₹389.61 Cr, comprising 54.52 Cr Equity Shares of ₹5 each and 11.70 Cr Preference Shares of ₹10 each. This finalizes the merger, streamlining KFIL's corporate structure.

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