General Updates

Date: 30th September 2026 BSE Scrip Code: 533293 NSE Scrip Code: KIRLOSENG To To Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Ltd. 1st Floor, Rotunda Building, Exchange Plaza, C -1, Block G, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Dear Sir/Madam, This is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including amendments thereunder, and in continuation of our earlier communications vide letters dated 11th February 2026 and 30th June 2026, regarding the approval by the Board of Directors of the Company for the proposal to invest approx. INR 8 Crore in Kirloskar International ME FZE, UAE (“KIME”), a wholly owned subsidiary of the Company, by further investment in 3200 Equity Shares of KIME at AED 1000 per share at an aggregate consideration of AED 3.2 million. Out of the foregoing amount, KIME was proposed to utilise approx. INR 5.5 Crore, subject to closing adjustments, towards the purchase of 100% equity shares of Kirloskar Trading SA (PTY) Limited, Johannesburg, South Africa (“KTSPL”)(a Promoter Group Company of KOEL). Consequent to the said purchase by KIME, KTSPL will become a wholly owned subsidiary of KIME and a step-down subsidiary of the Company. The indicative time period for the completion of the aforesaid purchase by KIME of 100% equity shares of KTSPL was previously informed as 30th June 2026 and thereafter as 30th September 2026, vide our letters dated 11th February 2026 and 30th June 2026, respectively. Further, considering the impact of the closing adjustments, the investment for the purchase of 100% equity shares of KTSPL by KIME is INR 8.25 Crore (ZAR 14.08 MN), primarily on account of an increase in cash and cash equivalents. A Share Purchase Agreement in respect of the aforesaid purchase of 100% equity shares of KTSPL by KIME for a consideration of INR 8.25 Crore (ZAR 14.08 MN), has been executed on 30th September 2026. The requisite details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including amendments thereunder, read with the SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, is enclosed herewith as Annexure A. You are requested to take the same on your record. Thanking you, Yours faithfully, For Kirloskar Oil Engines Limited Farah Irani Company Secretary and Compliance Officer Enclosure: Annexure A Annexure A Information as required under Regulation 30 - Part A of Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 including amendments thereunder. Sr. Particulars Description 1 Name of the target entity, Kirloskar Trading SA (PTY) Limited [KTSPL] details in brief such as size, turnover etc. As on 31st March 2026 (for the 15-month period from January 2025 to March 2026 - Unaudited), the Total Income was INR 26.03 Crore (ZAR 47,163,169) Exchange Rate as on 31st March 2026: 1 ZAR = 5.52 INR 2 Whether the acquisition would The transaction is between Kirloskar International ME FZE fall within related party [KIME], a wholly owned subsidiary of Kirloskar Oil Engines transaction(s) and whether the Limited [KOEL] and KTSPL, Promoter Group Company of promoter/ promoter group/ KOEL, for acquisition of 100% stake of KTSPL by KIME. group companies have any interest in the entity being Transaction is carried out at arm’s length basis. acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” 3 Industry to which the entity Engineering and industrial products/equipment’s being acquired belongs manufacturing, assembly, trading, and services 4 Objects and impact of To focus on expanding footprint in the Africa Region, our acquisition (including but not own entity is a preferred model over distributor as this limited to, disclosure of reasons being a direct connect with end customer business. for acquisition of target entity, if its business is outside the main line of business of the listed entity) 5 Brief details of any Approvals/Intimations from/to the relevant governmental or regulatory regulatory/statutory authorities, as may be applicable, approvals required for the post the execution of the Share Purchase Agreement. acquisition 6 indicative time period for Pursuant to execution of the Share Purchase Agreement on completion of the acquisition 30th September 2026, KIME invested in 100% equity shares of KTSPL, subject to closing conditions. 7 consideration - whether cash Cash Consideration for purchase of 100% equity shares of consideration or share swap or KTSPL by KIME. any other form and details of the same 8 cost of acquisition and/or the KIME invested INR 8.25 Crore (ZAR 14.08 MN), considering price at which the shares are the closing adjustments, primarily on account of an acquired increase in cash and cash equivalents, for acquisition of 100% equity shares of KTSPL. 9 percentage of shareholding / 100% stake in KTSPL to be owned by KIME, subject to control acquired and / or closing conditions. number of shares acquired 10 brief background about the KTSPL was incorporated on 29th October 2013. KTSPL entity acquired in terms of entity acts as an authorised agent for identifying the products/line of business customer needs, enabling market specific product acquired, date of incorporation, development, and catering to the service requirement of history of last 3 years turnover, the customer in the region. KTSPL operates through Stock country in which the acquired and Sale model and also gets orders for KOEL Products entity has presence and any from the Africa Region (South Africa, Kenya, Nigeria etc.) other significant information (in where we do direct billing and give commission to KTSPL. brief) KTSPL followed financial year of “January to December” up to 31st December 2024. The Financial Year of KTSPL has changed to “April – March” and the 1st financial period after this change is a 15-month period - “January 2025 to March 2026”. Total income amount in ZAR (R). ZAR/INR of 5.52 as on 31st March 2026 is as follows: FY2026 (Jan 2025 to Mar 2026- Unaudited): INR 26.03 Crore (R 47,163,169) (15-month period) Total income amount in ZAR (R). ZAR/INR of 5.4243 as on 31st December 2025 is as follows: FY2025 (Jan to Dec- Provisional): INR 15.5 Crore (R 28,665,305.82) FY2024 (Jan to Dec- Audited): INR 17.6 Crore (R 32,463,931) FY2023 (Jan to Dec- Audited): INR 21.0 Crore (R 38,742,134)