Kirloskar Brothers Investments has received an approval for commencement of new business of travel services which includes renting of vehicle and leasing of vehicle, subject to the approval of shareholders at their meeting. The board of directors at its meeting held on January 31, 2014 has approved for the same.
Kirloskar Brothers Investment (KBIL) was incorporated on April 16, 2009 as a wholly owned subsidiary of Kirloskar Brothers (KBL) as an Investment Company and for the purpose of transfer and vesting of certain Investments of KBL.