Kirloskar Industries Limited has informed the Exchange about Action(s) initiated or orders passed

KIRLOSIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-10.1%1-day move

₹2750.00

prior close

₹2729.10

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.7-0.8-0.5-1.2-10.1+0.9+2.7+3.6+2.6+4.9+21.0+21.9+17.0+45.7

Up moveDown movePending

AI summary

Kirloskar Industries Limited has been slapped with a penalty of ₹1,74,72,436 (approximately ₹1.75 crore) by the National Faceless Assessment Centre of the Income Tax Department via an order dated 25 March 2026. The penalty was imposed under Section 270A of the Income Tax Act, 1961, relating to the disallowance of certain expenses for Assessment Year 2018-2019. The company has stated that it does not foresee any material impact on its financial operations or other activities. The company is in the process of filing an appeal against the order.

Likely market impact

The penalty amount is relatively small for the company and is unlikely to materially affect operations. However, investors should monitor the appeal outcome as an adverse ruling could set a precedent for similar disallowances in other years.