Kirloskar Ferrous Industries Ltd Allots Shares Under Employee Scheme; Recommends 60% Final Dividend for FY2025-26
Kirloskar Ferrous Industries Ltd announced significant outcomes from its Board of Directors meeting held on June 12, 2026. The board approved the allotment of equity shares pursuant to the KFIL Employee Stock Option Schemes and recommended a final dividend for the financial year 2025-2026.The company utilized stock options under the 'KFIL Employee Stock Option Schemes,' allotting 17,841 equity shares at an exercise price of ₹5 per share. This allotment resulted in an increase in the issued, subscribed, and paid-up share capital of the Company to ₹82,49,61,920, comprising a total of 16,49,92,384 equity shares of ₹5 each.
The key details regarding the capital structure changes are as follows:
| Action | Shares Allotted | Exercise Price | Total Paid-Up Capital After Allotment | Total Equity Shares (Post) |
|---|---|---|---|---|
| Employee Stock Option Schemes | 17,841 | ₹5 per share | ₹82,49,61,920 | 16,49,92,384 |
In addition to the capital allocation, the Board of Directors recommended a final dividend for the financial year 2025-2026. The recommendation stood at ₹3 per equity share on the face value of ₹5 each, which represents a 60 percent dividend.
KIRLFER Stock Price Movement
Shares of Kirloskar Ferrous Industries Limited are rallying to ₹419.3 as of 1:56 PM, gaining 1.32% in live trading. This move occurs amid heavy activity—with 125,315 shares transacted today—as the stock trades close to its 52-week low 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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