Kirloskar Pneumatic to Acquire 99.49% of Kirloskar South-East Asia
Kirloskar Pneumatic Company Ltd announced its Board of Directors has approved the acquisition of 99.49% of the total voting power of Kirloskar South-East Asia Company Limited (KSEA). The acquisition, valued at THB 1,70,52,750 (not exceeding ₹5 Crores), aims to strengthen the company's presence in the South-East Asian region by establishing a direct connect with end customers. KSEA, a trading company incorporated in Thailand, had a turnover of THB 30.91 Million (₹9.24 Crores) and net worth of THB 22.65 Million (₹6.77 Crores) as of December 31, 2025. The transaction is at arm's length and expected to be completed within 60 business days. The Board also approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
Key Highlights
- Kirloskar Pneumatic to acquire 99.49% stake in KSEA.
- Acquisition aims to expand presence in South-East Asia.
- Deal valued at THB 1.7 Cr (approx. ₹5 Cr) cash consideration.
- KSEA had FY25 turnover of ₹9.24 Cr.
- Board also approved Q1 FY27 unaudited financial results.
Price Impact
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