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Kirloskar Oil Engines informs about allotment of ESOP

22 Jan 2024 Evaluate
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the Regulations), Kirloskar Oil Engines has informed that the Stakeholders Relationship Committee of the Board of Directors of the Company, at its meeting held on 22nd January 2024, has allotted 20,179 fully paid?up Equity Shares of Rs 2 each upon exercise of Employee Stock Options pursuant to ‘Kirloskar Oil Engines Limited - Employee Stock Option Plan 2019 [KOEL ESOP 2019]’. Consequent to the aforesaid allotment, the share capital of the Company has increased as details enclosed. The meeting of the Stakeholders Relationship Committee of the Board of Directors of the Company commenced at 10.45 am and concluded at 11.00 am.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Cummins India 4956.00
Kirloskar Oil Engine 2136.50
Greaves Cotton 234.75
Swaraj Engines 3542.80
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