Kirloskar Pneumatic Co has informed that the Transfer Committee of the Company at their meeting held on March 25, 2022 have approved allotment of 2,000 Equity Shares of face value of Rs 2 each to the eligible employee(s), who have exercised their stock options under the ‘KPCL Employee Stock Option Scheme 2019’. These shares shall rank with the existing Equity Shares of the Company in all respects. Consequently, the issued, subscribed and paid-up share capital of the Company stands increased to Rs 12,88,90,580 comprising of 6,44,45,290 Equity Shares of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.