Kirloskar Oil Engines Limited has informed the Exchange regarding Allotment of 25651 Shares.
KIRLOSENG · price
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Kirloskar Oil Engines Limited has allotted 25,651 fully paid-up equity shares of Rs. 2 each to employees who exercised their stock options under the KOEL ESOP 2019 plan. The allotment was approved by the Stakeholders Relationship Committee on 24th September 2025. As a result, the company's issued and subscribed capital increased from Rs. 29,05,39,898 to Rs. 29,05,91,200, and paid-up capital rose from Rs. 29,05,38,968 to Rs. 29,05,90,270. The total share count went up by about 0.018%, making this a routine and minor increase in share capital.
This is a routine ESOP allotment with a negligible impact on the share base and no material effect on shareholders or stock price. It signals normal employee compensation activity under the existing ESOP scheme.