Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the Regulations), Kirloskar Industries has informed that the Stakeholders’ Relationship Committee of the Board of Directors of the Company, at its meeting held today, 9 January 2023, has allotted 74,706 equity shares of 10 each upon exercise of Equity Settled Stock Appreciation Rights pursuant to ‘Kirloskar Industries Limited -Employees Stock Appreciation Rights Plan 2019’. Accordingly, the paid-up share capital of the Company has increased from 98,09,194 equity shares of 10 each aggregating to 9,80,91,940 to 98,83,900 equity shares of 10 each aggregating to 9,88,39,000. The meeting of the Stakeholders’ Relationship Committee commenced at 9.30 am and concluded at 9.40 am.
The above information is a part of company’s filings submitted to BSE.
