Kirloskar Electric Company Ltd (KECL) — Board Meeting | 23 September 2026

23 September 2026 · BSE 🟡 Notable Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Board approves preferential issue of 3,468,007 shares to KPEL and closure of MRA.

Kirloskar Electric Company Limited announced a board meeting outcome on September 23, 2026, approving the allotment of 3,468,007 equity shares at ₹115.34 per share to Kirloskar Power Equipments Limited, a promoter group entity, raising [amount not verified]. The board also approved closing the Master Restructuring Agreement with Bank of India and its consortium. The allotment increases promoter holding to 6.60% post-issue.

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About Kirloskar Electric Company Ltd (KECL)

Capital Goods · Capital Goods - Electrical Equipment · Listed on BSE

Market Cap: ₹810.25 CrP/E: 108.0ROE: 5.7%ROCE: 13.9%

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📊 More KECL filings

🔴 Announcement — 30 September 2026Kirloskar Electric Company Ltd received a show cause notice from the Deputy Commissioner of Commerci...
Announcement — 28 September 2026Kirloskar Electric Company Ltd announced that its trading window will close on October 1, 2026, rema...
Announcement — 21 September 2026Kirloskar Electric Company Limited announced it received in-principle approval from BSE and NSE to i...
🔴 Announcement — 8 September 2026Kirloskar Electric Company Ltd informed the stock exchanges that Vice President of Human Resources S...
🔴 Announcement — 8 September 2026Kirloskar Electric Company Ltd announced the departure of its Vice President of Human Resources, Suk...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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