Pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation of earlier communication vide letter No. 2909/23 dated 6 June 2023; Kirloskar Ferrous Industries has informed that the commercial operations of the ‘Mini Blast Furnace – I’ of the Company situated at Koppal, Karnataka have resumed with effect from 7 September 2023. The replacement of top equipment with bell less top as well as other allied maintenance activities will result in improved operating efficiency of ‘Mini Blast Furnace – I’. The expenditure for aforesaid activities was around ? 50 Crores (net of recoverable taxes) and the same has been financed fully by way of internal accruals.
The above information is a part of company’s filings submitted to BSE.
