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Pursuant to provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Kilburn Engineering has informed that the board of directors of the Company has approved the terms of a binding term sheet, at its meeting held on July 12, 2024, for the proposed acquisition of a Factory Unit situated at Plot No. B/78/1, M.I.D.C, Anand Nagar, Additional Ambernath Industrial Area, Ambernath (East) - 421 506, Thane, Maharashtra from Shree Satyanarayan Industrial Suppliers, along with certain identified assets in the Factory Unit, including, Plant, Machinery, Office Building, Work Area/Shed, Amenities and Equipment(s). Keeping in mind prospective order requirements and expansion plans, the Company is in requirement of e additional manufacturing space. The said factory unit along with the identified assets are expected to meet the immediate expansion requirements of the Company. The proposed acquisition by the Company is subject to conclusion of customary due diligence and will be effected on such terms and conditions as may be contained in definitive documents to be executed by the parties to the transaction. Details in line with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as Annexure A. Board meeting commenced on 10:30 AM and concluded at 11:10 AM. 

The above information is a part of company’s filings submitted to BSE.

Kilburn Engg. Share Price

513.70 15.55 (3.12%)
17-Apr-2026 16:59 View Price Chart
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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