Kirloskar Industries Limited has informed the Exchange regarding 'update of material subsidiary'.
KIRLOSIND · price
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Kirloskar Industries Limited informed the exchanges that its listed material subsidiary, Kirloskar Ferrous Industries Limited (KFIL), has declared an interim dividend of ₹3 per equity share (face value ₹5), which is 60% for FY 2025-2026. KFIL's Board approved the dividend at its meeting held on 10 February 2026, with a record date fixed for Monday, 16 February 2026. Payment will be made on or before 6 March 2026 through electronic modes such as ECS, NEFT, RTGS, and direct credit. The company has also published notices in Financial Express (English, all-India edition) and Loksatta (Marathi, Pune edition) on 12 February 2026 explaining TDS provisions applicable to shareholders under the Income-tax Act.
This is a pass-through disclosure from Kirloskar Industries Limited about its subsidiary's dividend decision; it does not change the parent's own earnings but signals that its key material subsidiary is generating enough profit to reward shareholders, which is mildly positive for cash flows at the parent level.