Kirloskar Oil Engines Ltd (KIRLOSENG) — Board Meeting | 30 September 2026

Kirloskar Oil Engines announced completion of its INR 8.25 Crore cash acquisition of 100% of Kirloskar Trading SA (PTY) Limited in South Africa on 30 September 2026, finalising a deal initially planned for June 2026. The transaction, part of expanding into African markets through a direct customer model, involved KIME investing INR 8.25 Crore (ZAR 14.08 MN) to acquire KTSPL from the promoter group, with closing adjustments increasing the consideration from the earlier INR 8 Crore estimate. The filing confirms regulatory compliance and includes detailed disclosures about KTSPL's operations, financials, and the arm's length nature of the related party transaction.