Kirloskar Brothers Limited has informed the Exchange that the Board of Directors at its meeting held on May 25, 2021, recommended a final dividend of Rs3 per equity share.
In the same meeting, the Nomination and Remuneration Committee, also has appointed Raghunath Apte as a Company Secretary and Compliance Officer of the company with effect from May 25, 2021 in place of Sandeep Phadnis who resigned as a Company Secretary and Compliance Officer of the company with effect from April 09, 2021.
Meanwhile, in a separate filing
Kirloskar Oil Engines Limited from Kirloaskar Group informed that the name of ‘KOEL Americas Corporation’ a wholly-owned subsidiary of the company, based in State of Delaware, USA has been changed to ‘Kirloskar Americas Corporation’ with effect from May 21, 2021 as per Certificate of Amendment of Certificate of Incorporation filed by KOEL Americas Corp. with the Secretary of State of Delaware (Corporate Division) and acceptance of the same received on May 25, 2021.
Kirloskar Brothers Ltd trade on Wednesday ended at record high of Rs355.85 per piece up by Rs59.3 or 20% from its previous closing of Rs296.55 on the BSE.
Kirloskar Oil Engines Ltd trade on Wednesday ended at Rs238.75 per piece up by Rs26.7 or 12.59% from its previous closing of Rs212.05 on the BSE.