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Kirloskar Oil Engines incorporates new private limited company

28 Jan 2020 Evaluate

Kirloskar Oil Engines has incorporated private limited company ‘Kirloskar Management Services’. The Company has agreed to subscribe 4.87 lakh equity shares of (Rs 10 each) (19.50%) amounting to Rs 48.75 lakh in the share capital of ‘Kirloskar Management Services’. It has been incorporated on January 27, 2020.

The company has promoted 'Kirloskar Management Services', jointly with Kirloskar Industries, Kirloskar Ferrous Industries, Kirloskar Pneumatic Company liited, G. G. Dandekar Machine Works and Kirloskar Chillers.

Kirloskar Oil Engines was incorporated in 1946. KOEL is the flagship company of the Kirloskar group.

Peers
Company Name CMP
Cummins India 4956.00
Kirloskar Oil Engine 2136.50
Greaves Cotton 234.75
Swaraj Engines 3542.80
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