Kirloskar Oil Engines expands capital through ESOP allotment

Kirloskar Oil Engines Limited (KOEL) has announced the allotment of 36,279 fully paid-up equity shares of Rs. 2/- each under its Employee Stock Option Plan 2019. This decision was made by the Stakeholders Relationship Committee of the Board of Directors at a meeting held on November 11, 2025.

As a result of this allotment, the company's issued and subscribed capital has increased from 14,52,95,600 equity shares to 14,53,31,879 equity shares, aggregating to Rs. 29,06,63,758/-. Similarly, the paid-up capital has risen from 14,52,95,135 fully paid-up equity shares to 14,53,31,414 fully paid-up equity shares, totaling Rs. 29,06,62,828/-.

This capital increase follows Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting of the Stakeholders Relationship Committee commenced at 9:30 AM and concluded at 9:50 AM on the same day.