ESOP21 Sept 2026, 03:25 pm
KFIL Allots 1.23 Lakh Shares Under ESOP Scheme
AI Summary
Kirloskar Industries Ltd announced that its material subsidiary, Kirloskar Ferrous Industries Limited (KFIL), has allotted 1,23,240 equity shares of ₹5 each. This allotment was made upon the exercise of stock options under the 'KFIL Employee Stock Option Schemes'. Consequently, KFIL's issued, subscribed, and paid-up share capital has increased to ₹82,57,56,270, comprising 16,51,51,254 equity shares. The Board of Directors meeting where this decision was made commenced at 12 noon and concluded at 1:00 p.m. on September 21, 2026.
Key Highlights
- KFIL allotted 1,23,240 equity shares under ESOP.
- Share capital increased to ₹82,57,56,270.
- Total equity shares now stand at 16,51,51,254.
- Allotment follows exercise of employee stock options.
Price Impact
More from KIRLOSIND