KOEL ESOP 2019 Pool Increased by 1 Lakh Options

Kirloskar Oil Engines Ltd (KOEL) announced that its Board of Directors, in a meeting held on August 6, 2026, approved an amendment to the 'Kirloskar Oil Engines Limited - Employee Stock Option Plan 2019' (KOEL ESOP 2019). This amendment involves increasing the existing Employees Stock Options pool ceiling by an additional 1,00,000 options. The approval is subject to the company's members' consent. Consequently, the Board also approved conducting a Postal Ballot to seek member approval for this ESOP amendment. The cut-off date for recording member entitlement for remote e-Voting has been fixed as Friday, August 14, 2026.