Kirloskar Pneumatic Company has informed that the Board of Directors of the Company at its meeting held on November 03, 2014, have approved to subscribe 1,49,00,000 equity shares of Rs. 10 each of Kirloskar RoadRailer Ltd. (wholly owned subsidiary of the Company) as per the terms and conditions of their Right Issue.
The above information is a part of company’s filings submitted to BSE