Kirloskar Industries has informed that it enclosed outcome of the meeting of the Board of Directors held on 14 July 2022. In its meeting the Board of Directors of the Company has allotted 6,281 equity shares of Rs 10 each upon exercise of Equity Settled Stock Appreciation Rights (ESARs) pursuant to the Kirloskar Industries - Employees Stock Appreciation Rights Plan 2019 (KIL ESARP 2019). Accordingly, the paid-up share capital of the Company has increased from 98,00,523 equity shares of Rs 10 each aggregating to Rs 9,80,05,230 to 98,06,804 equity shares of Rs 10 each aggregating to Rs 9,80,68,040. Further, Anandh Baheti has been appointed as Chief Financial Officer (CFO) and Key Managerial Personnel of the Company with effect from 14 July 2022.
The above information is a part of company’s filings submitted to BSE.
