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Kirloskar Industries Limited ( (IN:KIRLOSIND) ) has provided an announcement.
Kirloskar Industries Limited announced the approval of its financial results for the quarter and nine months ending December 31, 2024, and an increase in its paid-up share capital following the allotment of new equity shares. Additionally, the company has appointed Mr. Akshay Sahni, a relative of the Chairman, as Chief Operating Officer, effective April 1, 2025. The appointment is subject to shareholder approval, to be conducted via a postal ballot for which the company has set a record date and engaged NSDL for electronic voting services. This move reflects Kirloskar Industries’ strategic efforts to strengthen its management team and prepare for future growth.
More about Kirloskar Industries Limited
Kirloskar Industries Limited operates within the industrial sector, focusing on a diverse range of products and services. The company is part of the Kirloskar Group and is known for its involvement in manufacturing and other industrial activities, primarily targeting the Indian market.
YTD Price Performance: -15.75%
Average Trading Volume: 165
Current Market Cap: 40.4B INR
See more insights into KIRLOSIND stock on TipRanks’ Stock Analysis page.