Kirloskar Electric Preferential Issue Approval

Date: November 12, 2026

Received listing approval from BSE Limited (Ref: LOD/PREF/SS/FIP/1088/2026-27 dated November 11, 2026)
Received in-principle approval from National Stock Exchange of India Limited (Ref: NSE/LIST/57928 dated November 11, 2026)
Approval granted for preferential issue of 34,68,007 equity shares to promoter group company Kirloskar Power Equipments Limited

Type of Issue: Preferential issue to promoter group company
Number of Shares: 34,68,007 (Thirty Four Lakh Sixty Eight Thousand and Seven) Equity Shares
Face Value: ₹10 per share
Issue Price: ₹115.34 per share (₹10 face value + ₹105.34 premium)
Allottee: Kirloskar Power Equipments Limited (promoter group company)
Distinctive Numbers: 66414072 to 69882078

Company must comply with Regulation 167 of SEBI (ICDR) Regulations
Must file shareholding pattern in XBRL mode for changes exceeding 2% of total paid-up share capital as per Regulation 31(1)(c) of SEBI LODR Regulations, 2015
Trading approval requires submission of:
Listing approval from NSE (if applicable)
Confirmation letters from NSDL/CDSL about crediting shares to beneficiary accounts
Confirmation letters from NSDL/CDSL about lock-in of pre-preferential holding (if applicable)
Must apply for trading approval within seven working days from grant of listing approval as per SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023