KIRLOSENGNSEKirloskar Oil Engines Limited· Diesel EnginesLowNeutral
Announced Tue, 7 Jul · 15:26 IST

KOEL allots 1.26 lakh shares under ESOP 2019 plan

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KIRLOSENG · price

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Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹2269.80
prior close
₹2269.80
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AI summary

Kirloskar Oil Engines has allotted 1,26,354 equity shares of Rs 2 each to employees who exercised stock options under the KOEL ESOP 2019 plan. The Stakeholders Relationship Committee approved this on 7 July 2026. Consequently, issued equity shares rose from about 14.54 crore to 14.55 crore, and paid-up capital increased to about Rs 29.10 crore. This is a routine ESOP allotment.

Likely market impact

Minor share dilution from routine ESOP allotment. Impact on per share earnings is negligible for retail shareholders.