Kirloskar Pneumatic Company Ltd - 505283 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
KIRLPNU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 4.1 pts more than its Compressors Pumps & Diesel Engines peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Kirloskar Pneumatic Company Limited (KPCL) has completed the acquisition of the remaining 44.74% equity shares in Systems and Components (India) Private Limited from the existing Promoter Shareholder. The acquisition was completed on May 4, 2026 under a Share Purchase and Share Holders' Agreement (SPSHA). The total consideration paid was Rs. 12.55 Crores. With this purchase, Systems and Components (India) Private Limited has become a Wholly Owned Subsidiary of KPCL. This follows the company's earlier disclosures dated April 27, 2026.
Shareholders may view this positively as KPCL has consolidated full control over a subsidiary, which could enhance earnings visibility and operational synergies. The Rs. 12.55 crore investment to acquire 100% stake is a relatively small deal but strengthens the parent company's ownership structure.