Kirloskar Oil Engines Limited has informed the Exchange regarding Allotment of 8449 Shares.
KIRLOSENG · price
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Kirloskar Oil Engines Limited has allotted 8,449 fully paid-up equity shares of Rs. 2 each to employees who exercised their stock options under the KOEL Employee Stock Option Plan 2019. This was approved by the Stakeholders Relationship Committee on 24th April 2026. As a result, the company's issued and subscribed share capital has increased from 14,53,59,674 to 14,53,68,123 equity shares, and paid-up capital has moved from 14,53,59,209 to 14,53,67,658 shares. The increase represents a very small fraction (about 0.006%) of the total share base.
This is a routine, small-scale ESOP allotment with negligible dilution to existing shareholders. No material impact expected on share price or shareholder value.