Mumbai, Aug. 6 -- The Board of Kirloskar Oil Engines at its meeting held on 06 August 2025 has approved investment in 'Series A-1 Optionally Convertible Redeemable Non-Cumulative Preference Shares (the "Series A-1 Preferred Stock - OCRNPS") upto US$ 2,000,000 (upto Rs. 18 Crore) (i.e. upto 200,000 shares of Preferred Stock at a purchase price of
US$ 10 per share) of Kirloskar Americas Corporation, USA, a wholly owned subsidiary of the Company. This investment is for furtherance of the business in the US Market.
Published by HT Digital Content Services with permission from Capital Market....
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