BSECompany Update7 Aug 2026 · 7 Aug 2026, 08:30 pm

Please find attached herewith general announcement.

Kirloskar Oil Engines Ltd · 533293

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Kirloskar Oil Engines Ltd has announced that its wholly-owned subsidiary, Kirloskar Americas Corporation, has acquired a 49% stake in Engines LPG, LLC dba Wildcat Power Gen, USA, a US-based genset original equipment manufacturer, for USD 0.15 mn. The acquisition consolidates 100% ownership and enables strategic decision-making and streamlined governance.

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment4/10

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Kirloskar Oil Engines Ltd - 533293 - General Announcement

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Date: 7th 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 (Listing Obligations and Disclosure Requirements) Regulations, 2015 including amendments thereunder and further to our letters dated 15th September 2023, 30th November 2023 and 6th August 2026, regarding approval of Board of Directors of the Company for 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). Accordingly, Kirloskar Americas Corporation, USA acquired 4900 units (49% stake) of Engines LPG, LLC dba Wildcat Power Gen, USA on 6th August 2026 US time - end of the day [7th August 2026 IST]. Consequent to the said acquisition, Engines LPG, LLC dba Wildcat Power Gen, USA is a wholly owned subsidiary of Kirloskar Americas Corporation, USA with effect from 6th August 2026 US time - end of the day. 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 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, details in Engines LPG, LLC dba Wildcat Power Gen, USA (a subsidiary of Kirloskar brief such as size, turnover etc. Americas Corporation, USA and step down 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/referenceratearchive.aspx 4th Aug 2026 1 USD = 95.3487 INR 2 Whether the acquisition would fall The transaction is between Kirloskar Americas Corporation, USA within related party transaction(s) and (“KAC”), a wholly-owned subsidiary of Kirloskar Oil Engines Limited whether the promoter/ promoter [KOEL] and shareholder of Engines LPG, LLC dba Wildcat Power Gen, group/ group companies have any USA, to acquire balance 49% stake of Engines LPG, LLC dba Wildcat interest in the entity being acquired? If Power Gen, USA by KAC. yes, nature of interest and details thereof and whether the same is done Transaction is carried out at arm’s length basis. at “arm’s length” Consequent to the said acquisition by KAC, Engines LPG, LLC dba Wildcat Power Gen, USA has become wholly owned subsidiary of KAC and step down subsidiary of KOEL. 3 Industry to which the entity being Power generation equipment manufacturing & service acquired belongs 4 Objects and impact of acquisition Acquiring the remaining stake consolidates 100% ownership, enabling (including but not limited to, disclosure swift strategic decision-making and streamlined governance under of reasons for acquisition of target KAC. It allows seamless integration of R&D, technology, and global entity, if its business is outside the main supply chain into Wildcat Crucially, this move gives the operational line of business of the listed entity) flexibility to directly scale North American expansion. 5 Brief details of any governmental or Approvals from the relevant regulatory/statutory authorities, as may regulatory approvals required for the be applicable. acquisition 6 Indicative time period for completion 30th September 2026 as intimated vide letter dated 6th August 2026 of the acquisition (Completed) Kirloskar Americas Corporation, USA acquired 4900 units (49% stake) of Engines LPG, LLC dba Wildcat Power Gen, USA on 6th August 2026 US time - end of the day [7th August 2026 IST]. Consequent to the said acquisition, Engines LPG, LLC dba Wildcat Power Gen, USA is a wholly owned subsidiary of Kirloskar Americas Corporation, USA with effect from 6th August 2026 US time - end of the day. 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 price at USD 0.15 mn for 49% stake acquisition in the target entity which the shares are acquired 9 Percentage of shareholding / control With balance 49% stake acquisition in target entity, Kirloskar Americas acquired and / or number of shares Corporation has 100% controlling stake in the target entity with effect acquired from 6th August 2026 US time - end of the day [7th August 2026 IST]. 10 Brief background about the entity Engines LPG LLC dba Wildcat Powergen is a U.S.-based genset original acquired in terms of products/line of equipment manufacturer (OEM) incorporated on August 30, 2013. business acquired, date of incorporation, history of last 3 years Kirloskar Americas Corporation (KAC), a subsidiary of Kirloskar Oil turnover, country in which the Engines Limited (KOEL), has held a 51% controlling stake in the acquired entity has presence and any 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  Aftermarket, Service & Manufacturing Operations Financials (Amount in USD mn): Financial Year FY 2024 FY 2025 FY 2026 Revenue 0.36 2.64 4.71