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Kirloskar Oil Engines acquires 76% stake in La-Gajjar Machineries

02 Aug 2017 Evaluate

Kirloskar Oil Engines has acquired 76% of equity shares of La-Gajjar Machineries as per terms of Share Purchase Agreement dated June 21, 2017. La-Gajjar Machineries will now be a subsidiary of the company with effect from August 1, 2017.

Kirloskar Oil Engines manufactures diesel engines in the range of 2 Kva to 6 MW. The engines are preferred by various services sectors like banks, telecommunication establishments, commercial use buildings, hotels and restaurants.

Kirloskar Oil Eng Share Price

1598.85 116.15 (7.83%)
15-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 292.45
Thermax 4084.30
Kirloskar Oil Eng 1598.85
Skipper 402.15
GMM Pfaudler 931.50
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