Kirloskar Oil Engines allots equity shares under ESOP 2019

Kirloskar Oil Engines Limited (KOEL) informed stock exchanges on September 24, 2025, about the allotment of 25,651 fully paid-up equity shares with a face value of Rs. 2/- each. This allotment was made pursuant to the exercise of employee stock options under the 'Kirloskar Oil Engines Limited – Employee Stock Option Plan 2019 [KOEL ESOP 2019]'. The decision was made at a meeting of the stakeholders relationship committee of the board of directors held on the same day.

Following this allotment, the company's share capital has increased. The issued and subscribed capital rose from 14,52,69,949 equity shares (aggregating to Rs. 29,05,39,898) to 14,52,95,600 equity shares (aggregating to Rs. 29,05,91,200). Similarly, the fully paid-up capital increased from 14,52,69,484 equity shares (aggregating to Rs. 29,05,38,968) to 14,52,95,135 equity shares (aggregating to Rs. 29,05,90,270). This move aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.