Kirloskar Industries has acquired 38, 00,000 equity shares (2.77%) of the Kirloskar Ferrous Industries. Its holding in the Company has increased from 48.66% to 51.43% with effect from May 31, 2013.
Kirloskar Industries now holds 7,06,13,876 equity shares (51.43%) in Kirloskar Ferrous Industries.
Kirloskar Ferrous Industries has a product portfolio of Grey Iron castings, S.G Iron castings, Steel Investment castings and Pig Iron. KFIL produces range of these products such as Grey Iron castings: 1 kg - 500 kg single piece weight; S.G Iron castings: 1 Kg -70 Kg single piece weight; Investment castings: 1 gram-1 Kg single piece weight and Pig Iron: Foundry Grade, S.G. Iron Grade and Basic Grade