Kirloskar Industries Limited has announced the allotment of 6,206 equity shares under its Employee Stock Appreciation Rights (ESAR) Plan 2019. This allotment has resulted in an increase in the company's paid-up share capital from ₹10.50 crores to ₹10.51 crores.

Share Allotment Details

The allotment was executed following the exercise of Equity Settled Stock Appreciation Rights by eligible employees under the company's established framework.

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up share capital structure. The changes reflect the conversion of stock appreciation rights into actual equity shares for participating employees.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events and corporate actions that could impact investor decisions.

The allotment was executed pursuant to the Kirloskar Industries Limited - Employees Stock Appreciation Rights Plan 2019, which provides a framework for employee participation in the company's equity growth. The plan allows eligible employees to benefit from the appreciation in the company's share value through equity-settled instruments.

Corporate Communication

Kirloskar Industries has notified both BSE Limited and the National Stock Exchange of India Limited about this development, ensuring proper corporate governance protocols were followed.

Geetanjali Vikram Kirloskar has acquired shares in Kirloskar Industries Limited through an open market purchase, as disclosed in a regulatory filing under SEBI's substantial acquisition regulations.

Transaction Details

The share acquisition was completed on December 17, 2025, through an open market transaction. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and filed with the stock exchanges on December 19, 2025.

Acquirer Information

Geetanjali Vikram Kirloskar, based at Kirloskar Residency, Bellary Road, Kirloskar Business Park, Hebbal, Bengaluru 560024, is acting in concert with the acquirer and belongs to the promoter/promoter group category. The acquisition represents a continuation of promoter group activity in the company's shares.

Company Share Capital Structure

The company's equity share capital structure remains unchanged following this transaction. Kirloskar Industries Limited maintains its existing capital base across all relevant metrics.

Stock Exchange Listing

Kirloskar Industries Limited shares are listed on the Bombay Stock Exchange and the National Stock Exchange.

Regulatory Compliance

The transaction disclosure follows the mandatory reporting requirements under SEBI regulations for substantial acquisitions. The filing includes details of shareholding patterns and voting rights as required under the regulatory framework. The disclosure was signed by the acquirer from France, indicating the international presence of the promoter group.