Kirloskar Pneumatic Acquires 99.49% Stake in KSEA, Making it Subsidiary
Kirloskar Pneumatic Company Limited has completed the acquisition of 99.49% of the total voting power in Kirloskar South East Asia Co. Limited (KSEA). The transaction, finalized on August 3, 2026, resulted in KSEA becoming a subsidiary of Kirloskar Pneumatic Company Limited as per the Companies Act, 2013.The acquisition was executed via a Share Purchase Agreement (SPA), and the total consideration paid for the stake amounted to 1,70,52,750 THB, which was equivalent to Rs. 4,94,52,975/- in cash payment.
Details of KSEA and Acquisition
Kirloskar South East Asia Co. Limited (KSEA) is a company incorporated in Thailand on March 31, 2016. The target entity holds total share capital of 20,00,000 Thai Baht (THB).The financial health metrics for KSEA as of December 31, 2025, are as follows:
| Metric | Value |
|---|---|
| Turnover | THB 30.91 Million (Rs. 9.24 Crores) |
| Networth | THB 22.65 Million (Rs. 6.77 Crores) |
The acquisition of KSEA constitutes a significant operational update for the company, as detailed in the financial specifics below:
| Detail | Information |
|---|---|
| Target Entity Name | Kirloskar South East Asia Co. Limited (KSEA) |
| Country of Incorporation | Thailand |
| Acquisition Completion Date | August 3, 2026 |
| Percentage Acquired | 99.49% of total voting power |
The acquisition has positioned KSEA as a full subsidiary of Kirloskar Pneumatic Company Limited since the date the stake was acquired.
KIRLPNU Stock Price Movement
Today, Kirloskar Pneumatic Company Limited saw its stock shed 1.41%, settling at ₹1463.3 after market close. The equity traded within an intraday range of ₹1460 to ₹1491.1, with a total volume of 75,867 shares recorded for the session.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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