Kirloskar Oil Engines Limited has informed the Exchange regarding Allotment of 9536 Shares.
KIRLOSENG · price
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Kirloskar Oil Engines Limited has allotted 9,536 fully paid-up equity shares of Rs. 2 each to employees who exercised their stock options under the KOEL ESOP 2019 plan. This was approved by the Board of Directors on 10th March 2026. As a result, the company's paid-up capital increased from Rs. 29,06,99,346 to Rs. 29,07,18,418, with the total number of equity shares rising from 14,53,49,673 to 14,53,59,209. The change in issued and subscribed capital is marginal — from 14,53,50,138 to 14,53,59,674 shares. This is a routine ESOP-related allotment and does not involve any fresh capital raise from the market.
This is a small, routine ESOP allotment with negligible dilution (less than 0.01% increase in share count). No material impact on shareholders or stock price is expected.