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5 announcements with these filters
Kirloskar Pneumatic is acquiring the remaining 44.74% stake in its subsidiary for ₹12.55 Crore. The target becomes a wholly-owned subsidiary, strengthening the company's refrigeration business footprint.
Kirloskar Pneumatic Company Limited acquired an additional 44.74% stake in Systems & Components India Private Limited, making it a wholly-owned subsidiary effective May 4, 2026. The company is restructuring the subsidiary to align performance with acquisition expectations. This move consolidates ownership in the air and gas compressor segment player.
Kirloskar Pneumatic Company Limited has successfully completed a previously announced acquisition on May 4, 2026. The total transaction value is ₹12.55 Crore. This final update confirms the completion of the agreement first disclosed on April 27, 2026.
Kirloskar Pneumatic Company Limited (KPCL) acquired a balance 44.74% stake in Systems and Components (India) Private Limited for ₹12.55 Crore. The transaction, completed on May 4, 2026, makes the target a wholly-owned subsidiary of KPCL.
Kirloskar Pneumatic Company Limited has executed an agreement to acquire the remaining 44.74% stake in its subsidiary, Systems and Components India Private Limited. The acquisition from existing promoter shareholders is valued at ₹12.55 Crore, consolidating full ownership of the entity.