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Kirloskar Oil Engines incorporates wholly owned subsidiary in Netherlands

Kirloskar Oil Engines Limited incorporated Kirloskar International B.V. in the Netherlands. The subsidiary is wholly owned by the parent company. Certificate of formation is dated October 1, 2026. CCI Registration Number assigned is 42180717.

Kirloskar Oil Engines completes acquisition of South African unit KTSPL

Kirloskar Oil Engines acquired 100% equity in Kirloskar Trading SA (PTY) Limited via subsidiary KIME. Final consideration for the acquisition was ₹8.25 crore (ZAR 14.08 million). Transaction completed on October 1, 2026, making KTSPL a step-down subsidiary. Parent company invested approx ₹8 crore in KIME, with ₹5.5 crore allocated for this purchase.

Kirloskar Oil Engines holds analyst call with Valiant Capital

Kirloskar Oil Engines held a virtual 1x1 meeting with Valiant Capital on September 29, 2026. The discussion centered on the company's operational overview. No unpublished price sensitive information was disclosed during the session.

Kirloskar Oil Engines gets ₹9.06 crore GST notice for FY23

Kirloskar Oil Engines received a ₹9.06 crore show cause notice from GST authorities on September 28, 2026. The demand covers tax of ₹4.91 crore, interest of ₹3.66 crore, and penalty of ₹49.1 lakh for FY23. Alleged violations include Input Tax Credit mismatch and HSN misclassification. Company states no material impact on financials or operations is expected. Reply to the authorities is being filed within prescribed timelines.

Kirloskar Oil Engines ESOP pool expansion resolution fails postal ballot

Kirloskar Oil Engines' special resolution to expand the KOEL ESOP 2019 grant pool was not passed in the postal ballot declared on September 22, 2026. The resolution sought to increase the grant pool ceiling by 1,00,000 options, from 14,00,000 to 15,00,000 employee stock options. Total votes polled stood at 10,73,82,507, representing 73.7923% of outstanding shares; 70.3515% voted in favour and 29.6485% against. Public institutional investors were the decisive bloc, casting 66.9765% of their polled votes against the resolution. Promoter and promoter group voted 100% in favour but their participation was insufficient to secure the required special resolution majority.

Kirloskar Oil Engines holds Morgan Stanley analyst meet on Sep 16

Kirloskar Oil Engines held a virtual group meeting with Morgan Stanley on September 16, 2026. The session was part of the Virtual India Industrials & Energy Seminar. Discussions covered the operational overview of the company. No unpublished price-sensitive information was shared during the interaction.