Kirloskar Industries has informed the stock exchanges of an upcoming Board of Directors meeting, scheduled for Tuesday, 19 May 2026. The notice has been issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to both BSE Limited and the National Stock Exchange of India Limited on 8 May 2026.

Board Meeting Agenda

The forthcoming board meeting has been convened to address key financial and governance matters for the concluded fiscal year. The following key items are on the agenda:

The board will deliberate on both standalone and consolidated audited financial results for the quarter and full year ended 31 March 2026. Additionally, the board will consider recommending a dividend, if any, for the Financial Year 2025-2026.

Trading Window Closure

In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, Kirloskar Industries has enforced a Trading Window closure for dealing in its securities. The key details of the closure are as follows:

• Closure commenced: 1 April 2026, as communicated vide the company's letter dated 27 March 2026
• Closure ends: 22 May 2026
• Applicable to: Designated Persons and Immediate Relatives of Designated Persons of Kirloskar Industries Limited
• Governing framework: Code of Conduct of Regulating, Monitoring and Reporting of Trading by Designated Persons, under SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended

The communication was signed by Ashwini Mali, Company Secretary and Compliance Officer of Kirloskar Industries Limited, on 8 May 2026.

At its board meeting held on 7 May 2026, Kirloskar Ferrous Industries Limited (KFIL), a listed material subsidiary of kirloskar industries , announced two significant corporate developments: the allotment of equity shares under its Employee Stock Option Schemes and the approval of a substantial debt fund-raising plan. Kirloskar Industries informed the stock exchanges of these developments in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Equity Share Allotment Under ESOP Schemes

The Board of Directors of Kirloskar Ferrous Industries approved the allotment of 52,900 equity shares of ₹5 each upon the exercise of stock options by eligible employees under the KFIL Employee Stock Option Schemes. This allotment has resulted in an increase in the company's issued, subscribed, and paid-up share capital. The following table summarises the key details of the allotment:

Consequently, the issued, subscribed, and paid-up share capital of Kirloskar Ferrous Industries now stands at ₹82,48,72,715, comprising 16,49,74,543 equity shares of ₹5 each.

Board Approves ₹1,000 Crore NCD Fund Raise

In a separate resolution at the same board meeting, the Board of Directors of Kirloskar Ferrous Industries approved a proposal to seek member approval for fund raising not exceeding ₹1,000 Crores. The fund raising is proposed to be carried out through the issuance of Non-convertible Debentures (NCDs) in one or more tranches. The key details of the proposed fund raise are outlined below:

The board's approval marks the initiation of the process to seek shareholder consent for the proposed debt issuance.

Regulatory Disclosure by Kirloskar Industries

Kirloskar Industries, as the parent company of KFIL, filed the requisite intimation with the stock exchanges in line with its obligations as a listed entity with a material subsidiary. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, with the enclosure of KFIL's original intimation filed with the exchanges where KFIL's shares are listed. The communication was signed by Ashwini Mali, Company Secretary of Kirloskar Industries, and the KFIL disclosure was signed by Mayuresh Gharpure, Company Secretary of Kirloskar Ferrous Industries.