Kirloskar Oil Engines Limited has continued its employee incentivization program with another round of equity share allotments under its Employee Stock Option Plan. The company's Stakeholders Relationship Committee approved the latest allotment on January 5, 2026, further expanding the company's share capital structure.

Latest ESOP Allotment Details

The Stakeholders Relationship Committee, in its meeting held on January 5, 2026, approved the allotment of 9,185 fully paid-up equity shares, each with a face value of ₹2.00. This allotment was executed under the 'Kirloskar Oil Engines Limited – Employee Stock Option Plan 2019' (KOEL ESOP 2019). The committee meeting commenced at 3:00 PM and concluded at 3:38 PM.

Updated Share Capital Structure

The recent allotment has resulted in further changes to KOEL's share capital composition:

Cumulative Impact of ESOP Allotments

With this latest development, Kirloskar Oil Engines has now completed multiple rounds of ESOP allotments. The company previously allotted 36,279 shares in November, and this recent allotment of 9,185 shares demonstrates the ongoing implementation of its employee stock option program.

Strategic Benefits of ESOP Implementation

The continued execution of the ESOP program serves several strategic objectives:

Regulatory Compliance and Transparency

Kirloskar Oil Engines has maintained its commitment to regulatory compliance by promptly informing both BSE (Scrip Code: 533293) and NSE (Scrip Code: KIRLOSENG) about this development. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's adherence to transparency standards.

Conclusion

The systematic implementation of the ESOP 2019 scheme reflects Kirloskar Oil Engines' strategic approach to employee engagement and capital structure management. These regular allotments under the employee stock option plan continue to strengthen the alignment between employee interests and company performance while gradually enhancing the equity base.

Kirloskar Oil Engines Limited has received a substantial acquisition disclosure from promoter Geetanjali Vikram Kirloskar under SEBI Regulation 29(2) of the Substantial Acquisition of Shares and Takeovers Regulations, 2011. The disclosure pertains to the acquisition of 200 additional equity shares through open market transactions.

Transaction Details

The acquisition was executed on December 18, 2025, through open market purchases. Geetanjali Vikram Kirloskar, who is classified as a promoter group member, submitted the mandatory disclosure filing on December 19, 2025 from France.

Share Capital Information

The company's equity share capital structure shows the total equity share capital at ₹82.43 crores, comprising 16,48,55,383 equity shares with a face value of ₹5.00 each. The acquisition represents a minimal percentage of the total shareholding.

Regulatory Compliance

The disclosure was filed in accordance with SEBI regulations governing substantial acquisitions by promoters and persons acting in concert. Geetanjali Vikram Kirloskar, based at Kirloskar Residency, Bellary Road, Kirloskar Business Park, Hebbal, Bengaluru, submitted the filing as per regulatory requirements.

This acquisition represents part of the ongoing shareholding activities by the promoter group in Kirloskar Oil Engines. The disclosure ensures transparency and compliance with market regulations regarding share transactions by key stakeholders.