Kirloskar Pneumatic Company Limited

Kirloskar Pneumatic Company Limited

Kirloskar Pneumatic Company Limited has allotted 5,000 equity shares of face value Rs. 2 each to eligible employees who exercised their stock options under the 'KPCL Employee Stock Option Scheme 2019'. These new shares will rank pari-passu with the existing equity shares. This issuance marginally increases the company's issued, subscribed, and paid-up share capital to Rs. 12,99,26,380, comprising 6,49,63,190 equity shares.

Kirloskar Pneumatic Company Limited

Kirloskar Pneumatic Company Limited announced the publication of newspaper advertisements regarding its upcoming 51st Annual General Meeting (AGM). The AGM will be held virtually via Video Conferencing or Other Audio Visual Means. The advertisements request shareholders to register their email addresses and bank account details. This is to facilitate communication and outline the procedure for claiming tax exemption on dividends paid, ensuring compliance with SEBI Listing Regulations.

Kirloskar Pneumatic Company Limited

Kirloskar Pneumatic Company Limited announced that Sanjay Kirloskar has filed a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters or related parties to disclose reasons for creating an encumbrance (pledging) on the company's shares. While the announcement does not provide specific details of the encumbrance, it indicates that a significant shareholder has formally explained such an action. Investors should note this filing as it pertains to promoter shareholding and could be relevant for assessing promoter financial commitments or stake.