Kirloskar Ferrous Industries Allots Shares Under Employee Stock Option Schemes
Kirloskar Ferrous Industries Limited (KFIL) announced an allotment of equity shares under the 'KFIL Employee Stock Option Schemes.' The Board of Directors, at its meeting held on August 5, 2026, approved the issuance of new stock options as part of the scheme.The company allotted a total of 35,630 equity shares, each valued at ₹ 5, consequent to the exercise of stock options under the said employee incentive program.
This allotment resulted in an increase in the issued, subscribed, and paid-up share capital of KFIL. The total share capital now stands at ₹ 82,51,40,070. As a result of this transaction, the company's equity share count totals 16,50,28,014 shares, with each priced at ₹ 5.
The details of the increase in paid-up capital and resulting share structure are summarized below:
| Financial Metric | Detail |
|---|---|
| Total Equity Shares Allotted | 35,630 |
| Face Value per Share | ₹ 5 each |
| New Issued Capital Amount | ₹ 82,51,40,070 |
| Post-Allotment Total Equity Shares | 16,50,28,014 |
KIRLOSIND Stock Price Movement
Kirloskar Industries Limited shed value in post-market trading, settling at ₹3803.80 after falling 3.94% today. The stock witnessed a relatively narrow day, hitting a low of ₹3784.10 amid 15,704 shares transacted.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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