Kirloskar Pneumatic Company Limited (KIRLPNU) — Announcement | 3 August 2026 (2 announcements)

Kirloskar Pneumatic announced it acquired 99.49% of Kirloskar South East Asia Co. Ltd., creating a Thailand subsidiary to boost Southeast Asian market presence and customer support. The move strengthens regional operations and builds on existing compressor expertise.

Kirloskar Pneumatic announced it completed the acquisition of 99.49% of Kirloskar South East Asia Co. Limited (KSEA) for Rs 4.95 crore in cash, making KSEA a subsidiary effective August 3, 2026. The target, incorporated in Thailand in 2016, reported Rs 9.24 crore turnover and Rs 6.77 crore net worth as of December 31, 2025. The transaction closes the acquisition process initiated in July 2026 disclosures.