Key Details
A meeting of the Board of Directors of Kirloskar Electric Company Ltd. is scheduled to be held on Thursday, July 16, 2026.
The primary agenda for the meeting is to consider a proposal for fund-raising by issuance of equity shares of the company. The proposed methods for issuance include a preferential issue or any other methods.
The issuance will be undertaken in accordance with:
- The Companies Act, 2013 (as amended)
- SEBI Listing Regulations (as amended)
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended)
- Other applicable laws
The proposal is subject to the approval of the company's members (shareholders) and other requisite regulatory and/or statutory approvals.
Next Steps
The Board of Directors will also consider convening a general meeting or initiating a postal ballot process to seek the necessary approval from the shareholders for the fund-raising proposal.
Company & Filing Details
- Symbol (NSE): KECL; Series: EQ
- Compliance Officer: Mahabaleshwar Bhat, Company Secretary & Compliance Officer