Kirloskar Oil Engines Merger & Restructuring Worth ₹8.2 Cr
Kirloskar Oil Engines invested INR 8.28 Crore in KIME. This supports the acquisition of Kirloskar Trading SA to expand African operations.
- Value
- ₹8.20 Cr
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Kirloskar Oil Engines invested INR 8.28 Crore in KIME. This supports the acquisition of Kirloskar Trading SA to expand African operations.
Kirloskar Oil Engines' subsidiary will invest ₹8 Crore to acquire 100% of Kirloskar Trading SA. The transaction is expected by September 2026.
Kirloskar Oil Engines received a ₹5.82 Crore GST demand, interest, and penalty order for FY 2022-23. The company is currently preparing a necessary response.
Kirloskar Oil Engines achieved record quarterly standalone sales of ₹1,522cr (up 24%) in Q4 FY26, driven by Powergen and Industrial segments. Strategic focus remains on high-horsepower (HHP) engines and international expansion.
Kirloskar Oil Engines incorporated a new wholly owned subsidiary with a ₹9 Crore capital subscription. The subsidiary received business commencement approval for engineering and defense segments.
Kirloskar Oil Engines received a ₹6.49 Crore GST demand and penalty notice from Uttar Pradesh authorities. The company is currently filing a reply within prescribed timelines.
Kirloskar Oil Engines will incorporate a wholly owned subsidiary in the Netherlands with a ₹2 Crore investment. This expansion targets global industrial and power sector segments.
Kirloskar Oil Engines announced a ₹1,400 Crore capacity expansion at its Kagal plant. The project aims to add 20,000 engines annually within two years.
Kirloskar Oil Engines re-appointed Mr. Yogesh Kapur as Independent Director for a five-year term. The board also recommended G. D. Apte & Co. as auditors.
Kirloskar Oil Engines delivered record B2B and B2C performance in Q4 FY26, with consolidated revenue reaching ₹2,116 Cr and PAT rising to ₹155 Cr.
Kirloskar Oil Engines reported record annual standalone sales of ₹5,604 Crore, representing 25% growth. The Board proposed a total dividend of 350% for FY26.
Kirloskar Oil Engines Ltd reported revenue from operations of ₹2,116 Cr (+21.0% YoY) and net profit of ₹155.2 Cr (+22.6% YoY) for Q4 FY26.
Kirloskar Oil Engines approved FY26 audited financial results and recommended a Rs. 4.50 per share final dividend. Net profit for the year reached ₹461.02 Crore.
Kirloskar Oil Engines granted 2,40,000 stock options at ₹959.76 each. This ₹23.03 Crore incentive program aims to retain talent through long-term equity participation.