Kirloskar Electric Consolidates Preferential Issue Objects

Kirloskar Electric Company Ltd has consolidated the objects of its proposed preferential issue of equity shares into a single purpose: working capital utilization, including repayment of existing borrowings. The total amount remains ₹39,99,99,927.38. This consolidation follows observations from the National Stock Exchange (NSE) and does not alter the aggregate amount, issue price, or number of securities. The company is seeking In-Principle Approval (IPA) for the preferential issue.