Kirloskar Pneumatic Company Limited has informed the Exchange regarding Allotment of 6100 Shares.
KIRLPNU · price
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Kirloskar Pneumatic Company has allotted 6,100 equity shares with a face value of Rs. 2 each to eligible employees who exercised their stock options under the KPCL Employee Stock Option Scheme 2019. The allotment was approved by the Stakeholders' Relationship Committee via a circular resolution dated March 22, 2026. As a result, the company's paid-up share capital has increased to Rs. 12,99,16,380, comprising 6,49,58,190 equity shares. The newly issued shares will rank equally with existing shares in all respects. This is a routine ESOP allotment event.
The 6,100 shares represent a negligible dilution (~0.00094%) and are unlikely to have any meaningful impact on the share price or shareholder value. This is a routine employee incentive allotment.