Kirloskar Pneumatic Company Limited’s Board of Directors met on October 27, 2026, to approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The board also approved the allotment of 9,700 equity shares of face value Re. 1 each under the ‘KPCL Employee Stock Option Scheme 2019’, increasing the company’s issued share capital.
Kirloskar Pneumatic Board Meeting Highlights
Financial Results Approval
Kirloskar Pneumatic Company Limited convened its Board of Directors meeting on October 27, 2026. During this meeting, the Board reviewed and approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Accompanying these results were the standalone and consolidated Segment Wise Reports, Statements of Assets and Liabilities, Cash Flow Statements, and a Limited Review Report from Kirtane & Pandit LLP, the Statutory Auditors.
Equity Allotment Under ESOP
In a significant move concerning employee incentives, the Board also sanctioned the allotment of 9,700 equity shares. These shares, each with a face value of Re. 1/-, were issued to eligible employees who exercised their stock options under the ‘KPCL Employee Stock Option Scheme 2019.’ This allotment ranks pari-passu with existing equity shares and has consequently increased the company’s issued, subscribed, and paid-up share capital to Rs. 12,99,69,580, comprising 12,99,69,580 Equity Shares of Re. 1/- each.
Meeting Details
The Board meeting commenced at 11:30 AM IST and concluded at 1:30 PM IST on October 27, 2026.
Source: BSE