Kirloskar Industries Allots 6,206 Equity Shares Under ESOP Plan 2019
Kirloskar Industries Limited announced the allotment of 6,206 equity shares of ₹10 each on December 24, 2025. This allotment was made pursuant to the exercise of Equity Settled Stock Appreciation Righ...
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Why is Kirloskar Industries Limited in the news today?
Kirloskar Industries Limited (KIRLOSIND) is in the news due to the announcement is a routine allotment of shares under an existing esop plan, which does not significantly alter the company's financial standing or strategic direction.
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Kirloskar Industries Allots 6,206 Equity Shares Under ESOP Plan 2019
December 24, 2025, 05:02 AM
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Kirloskar Industries Limited announced the allotment of 6,206 equity shares of ₹10 each on December 24, 2025. This allotment was made pursuant to the exercise of Equity Settled Stock Appreciation Rights under the ‘Kirloskar Industries Limited – Employees Stock Appreciation Rights Plan 2019’.
The meeting of the Stakeholders’ Relationship Committee of the Board of Directors, which approved this allotment, commenced at 10:00 a.m. and concluded at 10:20 a.m. on the same day.
Following this allotment, the company's paid-up share capital has increased. It now stands at 1,05,09,372 equity shares of ₹10 each, aggregating to ₹10,50,93,720, up from the previous 1,05,03,166 equity shares aggregating to ₹10,50,31,660.
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