Kirloskar Industries has informed that Kirloskar Ferrous Industries (KFIL), a listed material subsidiary of the Company, has intimated to the stock exchange, where the shares of KFIL are listed, an intimation under Regulation 30 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the Listing Regulations), vide its letter dated 25 July 2023, a copy of the intimation (which is self-explanatory) filed with the stock exchanges by ISMT, a subsidiary of KFIL in respect of the ‘Observation Letter’ dated 25 July 2023 received by it from National Stock Exchange of India Limited regarding ‘the Scheme of Arrangement amongst ISMT and Kirloskar Ferrous Industries and their respective shareholders and creditors’. A copy of the intimation submitted by KFIL is enclosed for reference.
The above information is a part of company’s filings submitted to BSE.