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Kirloskar Oil Engines acquires remaining 24% stake in La-Gajjar Machineries

27 Sep 2022 Evaluate

Kirloskar Oil Engines has acquired balance 24% equity shares of La?Gajjar Machineries (LGM) as per the Shareholders' agreement including amendments thereof on September 26, 2022. Consequent to the aforesaid acquisition, the Company is holding 100% equity shares of LGM and LGM has become a wholly owned subsidiary of the Company, instead of Subsidiary Company. 

Kirloskar Oil Engines, a flagship company of the Kirloskar group, is a leader in the manufacturing of diesel engines, farm equipment and generator sets with a sizable presence in international markets.

Kirloskar Oil Eng Share Price

1816.00 -4.00 (-0.22%)
11-Jun-2026 10:51 View Price Chart
Peers
Company Name CMP
BHEL 371.75
Thermax 4632.10
Kirloskar Oil Eng 1816.00
Skipper 534.00
GMM Pfaudler 752.45
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