Sale5 Oct 2026, 10:06 am
Kirloskar Electric Co. Ltd. Sells 34,68,007 Shares of Kirloskar Power Equipments Ltd.
AI Summary
Kirloskar Electric Company Ltd. has disclosed a sale of 34,68,007 shares in Kirloskar Power Equipments Ltd. This transaction represents a 4.87% stake in the company. Following the sale, Kirloskar Electric's holding in Kirloskar Power Equipments has reduced from 1.73% to 0%. The shares were acquired via Preferential Allotment. The transaction date is September 29, 2026. The total equity share capital of Kirloskar Power Equipments Ltd. before the acquisition was Rs. 66,41,40,710/-, and after the acquisition, it stands at Rs. 69,88,20,780/-.
Key Highlights
- Kirloskar Electric sold 34,68,007 shares of Kirloskar Power Equipments.
- The sale represents a 4.87% stake in Kirloskar Power Equipments.
- Holding reduced from 1.73% to 0% post-transaction.
- Transaction was a Preferential Allotment.
- Sale date is September 29, 2026.
Price Impact
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