KIRLOSKAR BROTHERS LTD. - Outcome of Board Meeting

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please note that the Board of Directors of the Company at its meeting held today has accorded its in-principal approval for further investment in the form of Securities in its Wholly Owned Overseas Subsidiary company namely, Kirloskar Brothers International B.V. Netherlands to the tune of Rs.60 Crores in one or more tranches.<BR> <BR> The Board Meeting commenced at 10.30 am and concluded at 3.00 pm.<BR>