Kirloskar Industries Limited has informed the Exchange regarding allotment of 82034 securities pursuant to ESOP/ESPS at its meeting held on September 30, 2025
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Kirloskar Industries Limited has allotted 82,034 equity shares of ₹10 each to employees under its Equity Settled Stock Appreciation Rights Plan 2019, following a Stakeholders' Relationship Committee meeting on September 30, 2025. As a result, the company's paid-up share capital has increased from 1,04,17,895 equity shares (₹10.42 crore) to 1,04,99,929 equity shares (₹10.50 crore). This represents a modest dilution of about 0.79% in the existing share count. The allotment is a routine exercise under the company's employee incentive scheme.
This is a routine, small ESOP allotment with negligible dilution for existing shareholders and no material impact on stock price. It indicates the company is rewarding and retaining employees as planned under its approved SAR scheme.