Kirloskar Electric Company Capital Structure Change
Kirloskar Electric Company Limited received in-principle approval to issue 34,68,007 equity shares via preferential issue to a promoter group entity at Rs. 115.34 per share.
- Value
- ₹40.00 Cr
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5 announcements
Kirloskar Electric Company Limited received in-principle approval to issue 34,68,007 equity shares via preferential issue to a promoter group entity at Rs. 115.34 per share.
Kirloskar Electric relieved VP-HR Sukanya Reddy from services effective 7 September 2026 upon her resignation. The senior management change requires no immediate operational impact assessment.
Kirloskar Electric Company Limited has consolidated the objects of its proposed Rs. 40.00 Crore preferential issue. The proceeds will now focus entirely on working capital requirements.
Kirloskar Electric Company Ltd reported revenue from operations of ₹103.8 Cr (-21.5% YoY) and a net loss of ₹6 Cr for Q1 FY27.
Kirloskar Electric Company Ltd reported revenue from operations of ₹163.6 Cr (+26.7% YoY) and a net loss of ₹0.6 Cr for Q4 FY26.