Kirloskar Pneumatic Company Limited
Kirloskar Pneumatic Company Ltd, incorporated in 1958, is part of the Pune-based Kirloskar group. The Co. is engaged in the business of Compression & Transmission segments. It also undertakes O&M services for Compression Packages and has also entered logistic services by operating RoadRailer trains for end to end transportation of goods. It serves a variety of sectors like Oil & Gas, Steel, Cement, Food & Beverages…
What Kirloskar files
- Others117
- Investor Meet57
- Important27
- Updates23
- Dividend/Bonus9
- Board Meeting8
Kirloskar Pneumatic acquired 99.49% of Kirloskar South East Asia (KSEA), a compressor trading company. This move strengthens its South-East Asian market presence, aiming for enhanced customer engagement and faster support.
Kirloskar Pneumatic acquired 99.49% of Kirloskar South East Asia Co. Ltd. (KSEA) for Rs 4.95 Cr cash, making KSEA a subsidiary. This is a strategic business development.
Kirloskar Pneumatic completed the acquisition of 99.49% voting power in Kirloskar South East Asia Co. Limited (KSEA) by executing a Share Purchase Agreement. This marks a significant business development for the company.
Kirloskar Pneumatic reported 10% YoY revenue growth to Rs. 300 Cr, with PBT surging 24% to Rs. 46 Cr for the quarter. Orders on hand stand at Rs. 1,853 Cr. The company launched A-800 compressor and "Tonalli" biogas solution. Credit rating upgraded to AA.
Kirloskar Pneumatic will hold its 51st AGM via video conference to review the Annual Report. All shareholders are being provided access to the Annual Report. Investors holding physical shares are urged to update KYC and dematerialize for electronic payments.