Kirloskar Industries Opens Special Window for Physical Securities Transfer

Kirloskar Industries Limited has published a second notice regarding the opening of a special window for transfer and dematerialisation of physical securities under Regulation 30 of SEBI regulations. The company informed BSE and NSE on 3 April 2026 about this regulatory compliance initiative.

Special Window Details and Timeline

In continuation to an earlier advertisement dated 7 February 2026, the company has opened a special window pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30 January 2026. This window facilitates transfer and dematerialisation of physical securities that were sold or purchased prior to 1 April 2019.

Window Parameter:	Details
Window Period:	5 February 2026 to 4 February 2027
Duration:	One year
Applicable Securities:	Physical securities sold/purchased before 1 April 2019
Transfer Mode:	Dematerialised form only
Lock-in Period:	One year from registration date

Transfer Conditions and Restrictions

The special window covers transfer requests that were previously submitted but rejected, returned, or not processed due to document deficiencies or other issues. Shares transferred during this window will be credited only in dematerialised form and will remain under lock-in for one year from the date of registration of transfer.

During the lock-in period, these securities cannot be transferred, lien-marked, or pledged. Securities that have been transferred to the Investor Education and Protection Fund (IEPF) will not be considered under this window for processing.

Submission Process and Contact Details

Eligible shareholders must submit their requests along with requisite documents to the company or its Registrar and Transfer Agent within the stipulated period. The RTA is MUFG Intime India Private Limited (formerly Link Intime India Private Limited).

Contact Details:	Information
RTA Address:	Akshay Complex, Block No. 202, 2nd Floor, Off. Dhole Patil Road, Near Ganesh Temple, Pune 411001
Email:	investor.helpdesk@in.mpms.mufg.com
Phone:	020-26161629 / 26160084
Company Email:	investorrelations@kirloskar.com
Company Phone:	020-69065007

The advertisement and circular are also available on the company's website at kirloskarindustries.com. The notice was signed by Ashwini Mali, Company Secretary & Compliance Officer, and published in Financial Express (English) and Loksatta (Marathi) newspapers on 3 April 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.30%	+1.25%	-2.52%	-32.19%	-17.23%	+119.16%

Kirloskar Industries Limited has disclosed to stock exchanges that it has received an income tax penalty of Rs 1,74,72,436 from the National Faceless Assessment Centre for Assessment Year 2018-19. The penalty was imposed under Section 270A of the Income Tax Act, 1961, through an order dated 25 March 2026.

Penalty Details and Background

The income tax penalty stems from the disallowance of certain expenses during the assessment process for the financial year 2018-19. The company received the penalty order on 25 March 2026 and promptly informed the stock exchanges in compliance with regulatory requirements.

Parameter:	Details
Penalty Amount:	Rs 1,74,72,436
Assessment Year:	2018-19
Legal Section:	Section 270A of Income Tax Act, 1961
Order Date:	25 March 2026
Issuing Authority:	National Faceless Assessment Centre

Company's Response and Impact Assessment

Kirloskar Industries has indicated that it does not anticipate any material impact on its financial operations or other business activities due to this penalty. The company has stated it is in the process of filing an appeal against the income tax order, suggesting it intends to challenge the penalty through appropriate legal channels.

The disclosure emphasizes that while the penalty amount is substantial, the company's operational capabilities and financial activities are expected to remain unaffected during the appeal process.

Regulatory Compliance

The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as required under sub-para 20 of Para A of Part A of Schedule III of the regulations, ensuring full transparency with stakeholders and regulatory authorities.

This disclosure demonstrates the company's commitment to maintaining proper corporate governance standards and keeping investors informed about material developments that could potentially impact the organization.