KIRLOSINDNSEKirloskar Industries Limited· FinanceLowNeutral
Announced Thu, 17 Jul · 18:28 IST

Kirloskar Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 13, 2025

Board & Shareholder Meetings View source PDF

KIRLOSIND · price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kirloskar Industries Limited has informed the exchanges about its 31st Annual General Meeting scheduled for Wednesday, August 13, 2025 at 11:30 AM via video conferencing. The book closure period is August 7-13, 2025. The Annual Report is being sent only by email to shareholders. As an unregistered Core Investment Company, KIL reported FY25 Total Income of ₹121 crore and Profit Before Tax of ₹101 crore (continuing operations). Its key subsidiary, Kirloskar Ferrous Industries Limited (KFIL), posted 7% revenue growth to ₹6,566 crore, though PBT dipped to ₹432 crore from ₹477 crore. KIL completed its maiden real estate project 'One Avante' and has a second ~1.9 million sq ft project under development. The Board saw leadership change with George Verghese taking over as Managing Director from May 20, 2025, replacing Mahesh Chhabria.

Likely market impact

Routine regulatory filing for AGM compliance, but the embedded annual results show stable profitability with steady dividend of ₹13 per share. Subsidiary KFIL's revenue growth is positive, though lower commodity prices pressured margins. The real estate expansion via Avante Spaces adds a new growth lever beyond the core investment holding model.