NSEGeneral Updates6 Aug 2026 · 6 Aug 2026, 07:32 pm
General Updates
Kirloskar Oil Engines Limited · KIRLOSENG
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Kirloskar Oil Engines Limited has informed the Exchange about the acquisition of 4900 units (49% stake) of Engines LPG, LLC dba Wildcat Power Gen, USA by Kirloskar Americas Corporation, USA for consideration of USD 31 per unit.
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Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
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Kirloskar Oil Engines Limited has informed the Exchange about General Updates
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KIRLOSENG_06082026193200_SE_KAC_6Aug26.pdf
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1ei rlos1ear
Oil Engines
Date: 6th August 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,
Pursuant to Regulation 30 of the SEBI (Usting Obligations and Disclosure Requirements)
Regulations, 2015 including amendments thereunder and further to our letters dated
15th September 2023 and 30th November 2023, this is to inform you that the Board of
Directors of the Company ("KOEL"} at its meeting held on 6th August 2026, has approved
the acquisition of 4900 units (49% stake) of Engines LPG, LLC dba Wildcat Power Gen, USA
{a subsidiary of Kirloskar Americas Corporation, USA and. step down subsidiary of KOEL)
for consideration of USD 31 per unit by Kirloskar Americas Corporation, USA (wholly
owned subsidiary of KOEL). Consequent to the said acquisition by KAC, Engines LPG, LLC
dba Wildcat Power Gen, USA will be wholly owned subsidiary of KAC and step down
subsidiary of KOEL.
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/l/3762/2026 dated
30th January 2026, is enclosed herewith as Annexure A.
The meeting of the Board commenced at 1.45 pm and concluded at 4.45 pm.
You are requested to take the same on your record.
Thanking you,
Yours faithfully,
For Kirloskar Oil Engines Limited
J()..,~.i'
:.;_;..-----
Farah Irani
Company Secretary and Compliance Officer
Kirloskar Oil Engines Limited
.I>. Kirloskar GroJp Company
Regd Office: La~manrao Kirloskar Road,
Khadki, Pur.e, Maharashtra -411 0O3 India.
Tel +91 (20) 25810341, 66084000
Fax: +91 (20] 25813208, 25810209
Email: info@kirloskar.com I Website: www.kirloskaroilengines.com
CIN: L29100PN2009PLC133351
1ei rlos1ear
Oil Engines
Annexure A
Information as required under Regulation 30 - Part A of Para A of Schedule Ill of SEBI
(Listing Obligations and Disclosure Requirements) Regulations 2015 including
amendments thereunder
Sr. Particulars Description
1 Name of the target entity, Engines LPG, LLC dba Wildcat Power Gen, USA (a subsidiary
details in brief such as size, of Kirloskar Americas Corporation, USA and step down
turnover etc. subsidiary of KOEL)
Engines LPG, LLC dba Wildcat Power Gen, Total Income:
USD 4.71 million (INR 44.9 Crore) [FY25-26]
Ref Rate:
https://www.rbi.org. in/scripts/refe rencerate archive. as px
4th Aug 2026
1 USD = 95.3487 INR
2 Whether the acquisition would The transaction is between Kirloskar Americas Corporation,
fall within related party USA {"KAC"), a wholly-owned subsidiary of Kirloskar Oil
transaction(s) and whether the Engines Limited [KOH] and shareholder of Engines LPG, LLC
promoter/ promoter group/ dba Wildcat Power Gen, USA, to acquire balance 49% stake
group companies have any of Engines LPG, LLC dba Wildcat Power Gen, USA by KAC.
interest in the entity being
acquired? If yes, nature of Transaction is carried out at arm's length basis.
interest and details thereof and
Consequent to the said acquisition by KAC, Engines LPG,
whether the same is done at
LLC dba Wildcat Power Gen, USA will be wholly owned
"arm's length"
subsidiary of KAC and step down subsidiary of KOEL.
3 Industry to which the entity Power generation equipment manufacturing & service
being acquired belongs
4 O~ec~ and impact ~ Acquiring the remaining stake consolidates 100%
acquisition (including but not ownership, enabling swift strategic decision-making and
limited to, disclosure of reasons streamlined governance under KAC. It allows seamless
for acquisition of target entity, if integration of R&D, technology, and global supply chain
its business is outside the main into Wildcat Crucially, this move gives the operational
line of business of the listed flexibility to directly scale North American expansion.
entity}
Kirloskar Oil Engines Limited
-~ ;(irloskar Group Company
Regd Office: laxmanrao Kirloskar Road,
Khadki, Purie, Maharashtra • 411 003 India
Tel: +91 (20) 25810341, 66084000
Fax: +91 (20) 25813208, 25810209
Email: info@kirloskar.com I Website: www.kirloskaroilengines.com
CIN: L29100PN2009PLC133351
1eJrlos1ear
Oil Engines
5 Brief details of any Approvals from the relevant regulatory /statutory
governmental or regulatory authorities, as may be applicable.
approvals required for the
acquisition
6 Indicative time period for 30th September 2026
completion of the acquisition
7 Consideration - whether cash Cash consideration
consideration or share swap or
any other form and details of the
same
8 Cost of acquisition and/or the USD 0.15 mn for 49% stake acquisition in the target entity
price at which the shares are
acquired
9 Percentage of shareholding / With balance 49% stake acquisition in target entity,
control acquired and / or Kirloskar Americas Corporation will have 100% controlling
number of shares acquired stake in the target entity
10 Brief background about the Engines LPG LLC dba Wildcat Powergen is a U.S.-based
entity acquired in terms of genset original equipment manufacturer (OEM)
products/line of business incorporated on August 30, 2013.
acquired, date of incorporation,
history of last 3 years turnover, Kirloskar Americas Corporation ( KAC), a subsidiary of
country in which the acquired Kirloskar Oil Engines Limited (KOEL), has held a 51%
entity has presence and any controlling stake in the company since November 29, 2023.
other significant information (in
brief) Business Overview
• Market Positioning: Operates as a specialized U.S.
OEM providing EPA-certified commercial/industrial
generator sets (gensets) and behind the meter
power solutions across North America
• Key Segments Served: Data Centers, Telecom,
microgrids, emergency services, rentals/prime
power, retail distribution and utilities
• Core Product Lines: Optiprime & Optiprime Hybrid
Power System offerings ranging from 10 kW to 7.2
MW across Natural Gas and Diesel
Kirloskar Oil Engines Limited
A •oirloskar Group C:mp1ny
Regd. Office: Laxm:inrao Kirloskar Road,
Khadki, Pune. Maharashtra -411003 India.
Tel: +91 (20] 258103d1. 660B4000
Fax: +91 (20) 25813208, 25810209
Emai I: info@ki rloskar.corn I Website: www.kirloskaroilengines.com
CIN: l29100PN2009PLC133351
1eJrlos1<ar
Oil Engines
• Aftermarket, Service & Manufacturing Operations
Financials (Amount in USD mn):
Financial Year FY 2024 FY 2025 FY 2026
Revenue 0.36 2.64 4.71
Kirloskar 011 Engines Limited
A Kirlosk8r Group Cornpa~y
Regd. Office: Laxmanrao Kirloskar Road,
Khadki, Pune, Maharashtra • 411 003 India.
Tel: +91 (20] 25010341, 66084000
Fax: +91 (20) 25813208, 25810209
Email: into@kirloskar.com I Website: www.kirloskaroilenglnes.com
GIN: L29100PN2009PLC133351