Kirloskar Oil Engines Merger & Restructuring Worth ₹1.43 Cr
Kirloskar Oil Engines Ltd will acquire the remaining 49% stake in Engines LPG, LLC for USD 0.15 million (approx. ₹1.43 Crore). This consolidates 100% subsidiary ownership.
- Value
- ₹1.43 Cr
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Kirloskar Oil Engines Ltd will acquire the remaining 49% stake in Engines LPG, LLC for USD 0.15 million (approx. ₹1.43 Crore). This consolidates 100% subsidiary ownership.
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 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 will incorporate a wholly owned subsidiary in the Netherlands with a ₹2 Crore investment. This expansion targets global industrial and power sector segments.