Kirloskar Industries Limited has informed stock exchanges about the resumption of operations at its material subsidiary's manufacturing facility. The company shared an update from Kirloskar Ferrous Industries Limited (KFIL) regarding the completion of upgrade activities at its Jejuri plant.

Plant Operations Resume After Scheduled Maintenance

KFIL announced the resumption of operations at its Jejuri plant in Maharashtra from January 13, 2026. The facility had been temporarily suspended since December 26, 2025, to facilitate upgrade activities at the manufacturing unit. The operational halt lasted for the planned duration of approximately fifteen days.

Regulatory Compliance and Disclosure

The parent company fulfilled its disclosure obligations by sharing KFIL's regulatory communication with stock exchanges on January 14, 2026. Kirloskar Industries Limited communicated this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, maintaining transparency regarding material subsidiary activities.

KFIL, being a listed material subsidiary, had independently filed the intimation with stock exchanges where its shares are traded under scrip code 500245. The subsidiary's communication referenced their earlier letter dated December 26, 2025, which had initially announced the temporary suspension.

Corporate Communication Structure

The disclosure demonstrates the systematic approach to regulatory compliance within the Kirloskar Group. Both companies maintain their registered offices at 'One Avante' in Kothrud, Pune, reflecting the integrated corporate structure while maintaining independent operational and regulatory responsibilities.

The documentation was digitally signed by respective company secretaries, with Kirloskar Industries Limited's communication handled by Ashwini Mali and KFIL's filing managed by Mayuresh Gharpure, ensuring proper authorization in regulatory communications.

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.