Kirloskar Industries Ltd - Updates

We wish to inform you that Kirloskar Ferrous Industries Limited (KFIL), a listed material subsidiary of the Company, has informed to the Stock Exchange, where the shares of KFIL are listed, vide its letter dated 3 November 2017, that the Nomination and Remuneration Committee of KFIL at its meeting held on 3 November 2017, has approved the grant of 17,65,000 Stock Options to eligible employees of KFIL, in terms of 'KFIL Employee Stock Option Scheme 2017' and the special resolution passed by the members of KFIL at their annual general meeting held on 3 August 2017.<BR> <BR> A copy of the intimation submitted by KFIL to the Stock Exchange on 3 November 2017, about the same is enclosed.<BR> <BR> You are requested to take the same one your record.<BR>