Kirloskar Ferrous Industries Announces Dividend Recommendation and Completes Stock Option Allotment
Kirloskar Ferrous Industries Limited (KFIL) announced key outcomes from its Board of Directors meeting held on June 12, 2026, including the recommendation of a final dividend for financial year 2025-2026 and updates regarding equity share allotment through employee stock option schemes.The Board recommended a final dividend of ₹3 per equity share (on a face value of ₹5 each) for members of KFIL for the financial year 2025-2026. This recommendation signifies a 60 percent dividend payout.
In addition, the company completed the allotment of equity shares following the exercise of stock options under its ‘KFIL Employee Stock Option Schemes’. A total of 17,841 equity shares with a face value of ₹5 each were allotted.
This transaction resulted in an increase in KFIL's issued, subscribed, and paid-up share capital. The company’s total equity shares now stand at 16,49,92,384 of ₹5 each, and the corresponding paid-up capital has reached ₹82,49,61,920.
Key financial updates from Kirloskar Ferrous Industries Limited are summarized below:
| Financial Metric | Details |
|---|---|
| Board Meeting Date | June 12, 2026 |
| Final Dividend Recommendation | ₹3 per equity share (60% of ₹5 face value) |
| Equity Shares Allotted | 17,841 shares (at ₹5 each) |
| Total Equity Shares Outstanding | 16,49,92,384 |
| Issued and Paid-Up Capital | ₹82,49,61,920 |
KIRLOSIND Stock Price Movement
Today, shares of Kirloskar Industries Limited edged higher, gaining 2.51% to settle at ₹3129.3 in post-market trading. The stock traded with a volume of 1,925 shares today, remaining within its intraday range.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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