Pursuant to Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including amendments thereunder, Kirloskar Oil Engineshas informed that the Board of Directors in its meeting held on 15th September 2023 approved the following: Investment in ‘Series A?1 Optionally Convertible Redeemable Non?Cumulative Preference Shares (the ‘Series A?1 Preferred Stock – OCRNPS’) upto US$ 5,000,000 (upto Rs 42 crores) (i.e. upto 500,000 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 in tranches. This investment is to enable market development in Powergen applications for the North American markets and Allotment of 12,873 fully paid?up Equity Shares of Rs 2 each upon exercise of Employee Stock Options pursuant to ‘Kirloskar Oil Engines – Employee Stock Option Plan 2019 [KOEL ESOP 2019]’. Consequent to the aforesaid allotment, Issued and Subscribed Capital of the Company has increased from ‘14,48,70,027 equity shares of Rs 2 each aggregating to Rs. 28,97,40,054’ to ‘14,48,82,900 equity shares of Rs 2 each aggregating to Rs 28,97,65,800’ and the Paid?up Capital has increased from ‘14,48,69,562 fully paid?up equity shares of Rs 2 each aggregating to Rs 28,97,39,124’ to ‘14,48,82,435 fully paid?up equity shares of Rs 2 each aggregating to Rs 28,97,64,870’. The meeting of the Board of Directors of the Company commenced at 9.15 am and concluded at 9.55 am.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| BHEL | 200.40 |
| Thermax | 3760.00 |
| Kirloskar Oil Eng | 932.05 |
| GMM Pfaudler | 1219.00 |
| Praj Industries | 728.20 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
