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Kirloskar Pneumatic Company informs about updates on acquisition

04 May 2026 Evaluate
Kirloskar Pneumatic Company has informed that in continuation of the earlier disclosure Nos. SEC&LEG/452 & SEC&LEG/455 dated April 27, 2026 and pursuant to Regulation 30 of the SEBI Listing Regulations, 2015, the Company (KPCL) has acquired balance 44.74% equity shares from the existing Promoter Shareholder of Systems and Components (India) (Subsidiary Company) on May 4, 2026 pursuant to the Share Purchase and Share Holders’ Agreement (SPSHA). As a result, the Subsidiary Company has become Wholly Owned Subsidiary of KPCL with effect from May 4, 2026.

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

Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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