Kirloskar Oil Engines Limited has informed the Exchange regarding Allotment of 9185 Shares.
KIRLOSENG · price
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Kirloskar Oil Engines Limited has allotted 9,185 fully paid-up equity shares of Rs. 2 each to employees who exercised their stock options under the KOEL ESOP 2019 plan. The Stakeholders Relationship Committee approved this allotment at its meeting held on 5th January 2026. As a result, the company's issued and subscribed capital increased to 14,53,41,064 equity shares, and paid-up capital rose to 14,53,40,599 equity shares. The increase is negligible, representing about 0.006% of the total share base.
This is a routine ESOP allotment with negligible dilution for existing shareholders. No material impact on share price or shareholder value is expected.