Kirloskar Pneumatic Company Acquires 99.49% Stake in KSEA, Strengthening Southeast Asia Presence

Kirloskar Pneumatic Company Acquires 99.49% Stake in KSEA, Strengthening Southeast Asia Presence​

Kirloskar Pneumatic Company Limited, a major entity in the air, refrigeration, and gas compressor industry, has successfully completed the acquisition of 99.49% of the total voting power in M/s. Kirloskar South East Asia Co. Ltd. (KSEA). This strategic move establishes Kirloskar South East Asia Co. Ltd. as a subsidiary of Kirloskar Pneumatic Company Limited, enhancing the company’s presence across the region.

KSEA, incorporated in 2016, is dedicated to trading compressors within the South-East Asian market and maintains its registered office in Bangkok, Thailand.

The move into establishing operations through its Thai subsidiary aims to significantly strengthen Kirloskar Pneumatic Company Limited's footing in Southeast Asia. The company intends this local presence to enhance customer engagement, improve market coverage, provide faster sales support, and streamline after-sales service. By addressing these factors, the company plans to respond more effectively to the needs of its customers and build robust relationships with channel partners and end users.

Kirloskar Pneumatic Company Profile​

Established in 1958, Kirloskar Pneumatic Company Ltd. (KPCL) is a diversified entity offering a comprehensive array of products. Its offerings include Air, Refrigeration, and Gas compressors and systems, industrial gearboxes, and vapour absorption chillers. KPCL serves various sectors including steel, cement, cold chains, food and beverages, pharmaceuticals, railways, defense, and marine industries. The company maintains a significant presence in the Oil & Gas sector and is recognized as a key player in the CNG business across India.

Leveraging extensive industry experience, KPCL has built technology partnerships with leading global companies and research institutes to ensure cutting-edge solutions and innovations for its clientele. Kirloskar Pneumatic Company Ltd. has been recognized with multiple awards celebrating excellence in quality, innovation, merit, training programs, HR initiatives, and in-house communication.

KIRLPNU Stock Price Movement​

Kirloskar Pneumatic Company Limited shares slipped today, closing at ₹1463.30 after shedding 1.41%. The equity saw a trading volume of 75,867 shares during the session.