StockWatch
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Castings & Forgings
Corporate Action30 Oct 2026, 02:40 pm

KFIL Allots 63,195 Shares Under ESOP

AI Summary

Kirloskar Ferrous Industries Limited (KFIL), a subsidiary of Kirloskar Industries Ltd, has informed the stock exchanges about the allotment of 63,195 equity shares. These shares were issued upon the exercise of stock options under the 'KFIL Employee Stock Option Schemes'. Following this allotment, the company's issued, subscribed, and paid-up share capital has increased to ₹82,607,245, comprising 16,521,449 equity shares of ₹5 each.

Key Highlights

  • KFIL allotted 63,195 equity shares under its ESOP schemes.
  • The allotment was made upon exercise of stock options.
  • Share capital increased to ₹82,607,245.
  • Total equity shares now stand at 16,521,449.