Kirloskar Industries Ltd
NSE: KIRLOSIND BSE: 500243
₹2818.80
(-1.39%)
Thu, 12 Mar 2026, 09:34 am
Market Cap30.16B
PE Ratio18.32
Dividend0.45
Non-Energy Minerals
Steel
24.5KCompany History
1978
- The Company was incorporated as a private limited company on 13th June, as a wholly owned subsidiary of K.G. Khosla Compressors, Ltd.
1980
- The company became a public limited company on 9th October
1985
- Land and buildings of the Company were revalued as on 31st May
- 2,60,000 shares issued as rights
1986
- 4,95,000 No. of equity shares issued as bonus shares on 8.5.1985 in prop. 1:1
- 2,60,000 shares issued as rights in 1985-86
1987
- 3,00,000 No. of equity shares issued at a prem. of Rs.20 per share
- 50,000 - 11% pref. shares of Rs.100 each were redeemed on 30.1.1987
1988
- The company offered 1,10,000 - 14% secured redeemable convertible debentures of Rs.250 each
- A portion of Rs.150 of each debenture of Rs.250 was to be automatically and compulsorily converted into 5 equity shares of Rs.10 each at a prem. of Rs.20 per shares on expiry of 6 months from the date of allotment of the debentures
1993
- The Company along with Deutz Motor Industriemotoren GmbH, Germany (DMI) set up a pvt. Ltd. Company viz. Kirloskar Deutz sales and services Pvt. Ltd., with equity participation
1994
- In terms of the revival scheme sanctioned by BIFR, Kirloskar Oil Engines, Ltd. (KOEL) was merged with Prashant Khosla Pneumatics Ltd. (PKPL) effective 1st April
- The amalgamation was to become effective from 1st March 1996, being the date of issue of new certificate of incorporation by Registrar of Companies, Maharashtra in the changed name of Kirloskar Oil Engines Ltd.
- The name of the company was changed to Kirloskar Oil Engines Ltd
1995
- Approval from Government was received for setting up a project at Ambad, District Nasik in Maharashtra for the manufacture of 300 units per annum of heavy duty large diesel generating sets
- A technical collaboration agreement was entered into with M.A.N.B & W Diesel GmbH, West Germany
- The Company undertook to set up a power house for generation of electricity at Munirabad, Raichur district of Karnataka
- 4,75,000 No. of equity shares of Rs.10 each issued to ICICI at a prem. of Rs.110 per share as per BIFR stipulation
2000
- Crisil has upgraded the ratings assigned to the company Rs. 1.4-crore and Rs 6.62-crore non-convertible debenture issues to `A-' from `BBB'
- The Board has appointed Mr. Sanjay C. Kirloskar as Director and Vice-Chairman
- Kirloskar Oil Engines is existing the 50:50 joint venture with Deutz of Germany
- The Company has expanded its board to 15 from the existing 10
- The Company has bagged the Automotive Components Manufacturers Association Quality Award for 1999-2000
- Kirloskar Oil Engines Ltd. has been named the country's best automotive components manufacturer by the Automotive Components Manufacturers Association (ACMA) for 1999-2000
- The Company has launched its `Gen Power 2000 Project' in Guwahati in collaboration with Assam Allied Industries
2001
- Kirloskar Oil Engines has launched a new range of ready-to-use gensets
- The Company has informed that it has acquired 23.82 per cent of shares from Kirloskar Oil Engines Ltd
2002
- Takes the entire stake held by Chatterji Group in Kirloskar Systems for Rs.40 cr
- Board approves in principle, the proposal of merger of Kirloskar Power Supply company Ltd with the company
2003
- Becomes the first company in the country to achieve compliance with the Central Pollution control Board's mass emission and smoke norms
- Board approves for the allotment of shares to Erstwhile Kirloskar Power Supply company Ltd in terms of the scheme of amalgamation, subsequently it approves for the buyback of 40,00,000 equity shares which do not exceed maximum amount of 10% of the aggregate of the company's total paid up capital
- Approve the proposal of delisting of the equity shares of the company from Pune stock exchange by passing special resolution
- Better Value Holding Pvt Ltd acquires 4,41,239 shares amounting to 2.27% of the total paid up capital of the company
- Declares 'SLK Birth Centenary Year Special Interim Dividend' @ 50% on the equity shares of the Company for the year 2003-2004
2005
- Company has splits its Face value of Shares from Rs 10 to Rs 2
2007
- Kirloskar Oil Engines Ltd. has informed that the Company's Registrars and Share Transfer agent viz. Intime Spectrum Registry Limited has shifted operations in respect of the Company from its Mumbai office to Pune branch
- The Company has issued Bonus Shares in the Ratio of 1:1
2009
- Kirloskar Oil Engines Ltd has appointed Mr. A N Alawani as additional director (Independent Director) with effect from January 21, 2009
2010
- Kirloskar Oil - MoU with AVEC
- Company has changed its name from Kirloskar Oil Engines Ltd. to Kirloskar Industries Ltd.
- The Scheme of Arrangement between Kirloskar Oil Engines Ltd and Kirloskar Engines India Ltd, as approved by the Hon'ble High Court of Judicature at Mumbai, the name of Kirloskar Oil Engines Ltd has been changed to Kirloskar Industries Ltd.
- Mr. Nihal G. Kulkarni is appointed as the Managing Director of the Company
- Registered Office of the Company has been shifted To 13A, Karve Road, Kothrud, Pune 411038
2011
- The Board has recommended a Dividend of Rs. 2.50 (25%) per equity share of Rs. 10/- each
- Kirloskar Industries Ltd has informed BSE that M/s. G. D. Apte & Co., Chartered Accountants, had been appointed as Statutory Auditors of the Company
2012
- Board has recommended a Dividend of Rs 4/- (40%) per equity shares of Rs 10/- each
2013
- Board has recommended a Dividend of Rs. 4/- (40%) per equity share of Rs. 10/- each
2014
- Board has recommended a Dividend of Rs. 4/- (40%) per equity share of Rs. 10/- each
2021
- Kirloskar group launches new brand logo, 'Limitless' business vision.
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