STOCKWATCH

Kirloskar Oil Engines to Transfer B2C Business Segment to Wholly-Owned Subsidiary La-Gajjar Machineries

Kirloskar Oil Engines Ltd. has approved the transfer of its Business to Customer (B2C) business segment to its wholly-owned subsidiary, La-Gajjar Machineries Private Limited (LGM), through a slump sale. The B2C business segment contributes 11.59% to the company's total revenue and 0.40% to its net worth. The transaction is expected to be completed on 11th October 2025, with the consideration being paid in the form of 10,65,150 equity shares of LGM. This strategic move aims to drive operational efficiencies, enhance product portfolio, optimize resource allocation, and position the companies for accelerated and sustainable long-term growth.

• Transfer of B2C business segment to La-Gajjar Machineries Private Limited
• Consideration of the sale is 10,65,150 equity shares of LGM
• Transaction aimed to drive operational efficiencies and enhance product portfolio
• Expected completion date of the sale is 11th October 2025
• Strategic move to optimize resource allocation and position companies for long-term growth