Kirloskar Industries Ltd - 500243 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the Regulations), we wish to inform you that the Stakeholders' Relationship Committee of the Board of Directors of the Company, at its meeting held today, i.e., 9 January 2023, has allotted 74,706 equity shares of ` 10 each upon exercise of Equity Settled Stock Appreciation Rights pursuant to 'Kirloskar Industries Limited - Employees Stock Appreciation Rights Plan 2019'. Accordingly, the paid-up share capital of the Company has increased from 98,09,194 equity shares of Rs. 10 each aggregating to Rs. 9,80,91,940 to 98,83,900 equity shares of Rs. 10 each aggregating to Rs. 9,88,39,000. The meeting of the Stakeholders' Relationship Committee commenced at 9.30 a.m. and concluded at 9.40 a.m. You are requested to take the same on your records.09-01-2023