Shares to the tune of 46,370 allotted by Kirloskar Oil Engines under Employee Stock Option Plan
Last Updated: 28th September 2026 - 04:14 pm
In accordance with the ESOP Scheme, 2019 of Kirloskar Oil Engines, the company has allotted 46,370 equity shares with a face value of ₹2 per share to the employees on exercising their stock options.
These shares have been allotted on September 28 following approval of the same by the company’s Stakeholders Relationship Committee.
Post allotment of these additional shares, the total number of issued and subscribed equity shares of the company stands at 14,55,66,689 against 14,55,20,319. Similarly, the share capital of the company stands at ₹29,11,33,378 as against ₹29,10,40,638.
Similarly, there has been an increase in the paid-up capital of the company post allotment of these shares. The total number of fully paid up equity shares of the company is 14,55,66,224 against 14,55,19,854 earlier, while the paid-up capital is ₹29,11,32,448 against ₹29,10,39,708.
The allotment of shares is consequent upon exercise of the options under KOEL ESOP 2019.
The committee that has given approval for the allotment held its meeting on Sunday morning, wherein it started its deliberations at 9 am and concluded at 9:08 am.
Kirloskar Oil Engines disclosed the development to the BSE and National Stock Exchange later on September 28.
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