Merger12 Jun 2026, 01:42 pm
KFIL Merger Effective; Capital Clause Amended
AI Summary
Kirloskar Industries Ltd. announced that its material subsidiary, Kirloskar Ferrous Industries Limited (KFIL), has completed the merger with its wholly-owned subsidiaries, Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited. The merger became effective from April 1, 2025. Consequently, the transferor companies have been dissolved without winding up. The authorized share capital of KFIL has been amended to ₹3,896.1 million, comprising equity shares of ₹5 each and preference shares of ₹10 each.
Key Highlights
- KFIL merger with Oliver Engineering and Adicca Energy effective April 1, 2025.
- Transferor companies dissolved; no new shares issued.
- KFIL's authorized capital amended to ₹3,896.1 million.
- Capital consists of equity and preference shares.
- Filing complies with NCLT order and SEBI regulations.
Price Impact
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