Kirloskar Pneumatic to Acquire 99.49% of Kirloskar South-East Asia

Kirloskar Pneumatic Company Ltd announced that its Board of Directors has approved the acquisition of 99.49% of the total voting power of Kirloskar South-East Asia Company Limited (KSEA) for a cash consideration not exceeding THB 1,70,52,750 (approximately ₹5 Crores). The acquisition aims to strengthen the company's presence in the South-East Asian region by establishing direct customer engagement and providing faster sales and after-sales support. KSEA, a trading company incorporated in Thailand, had a turnover of THB 30.91 Million (₹9.24 Crores) as of December 31, 2025. The company also declared its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The acquisition is expected to be completed within 60 business days.