Kirloskar Oil Engines Limited has announced a board meeting to discuss a major order from the Indian Navy for the design and development of a 6MW medium speed marine diesel engine under the Make-I scheme.

The order, valued at ₹270 Crore (basic value), comes with a 36-month execution timeline.

With substantial government funding covering 70% of the project cost, this development is set to strengthen the company's portfolio and enhance its operational capabilities.

The positive outlook reflects potential growth opportunities in defense contracts, which may bolster investor confidence in the company's future performance.