Kirloskar Oil Engines Ltd said it has executed a definitive agreement to buy a majority stake in La-Gajjar Machineries (LGM), the maker of Varuna and Raindrop brands of electric pumps. Kirloskar will acquire a 76% stake...
Kirloskar Ferrous to acquire pig iron plant of VSL Steels
NEW DELHI: Kirloskar FerrousBSE 1.88 % Industries today said it will acquire VSL Steels’s pig iron plant for Rs 155 crore in cash. “Board at its meeting on July 28, has granted in-principle approval for an...
Kirloskar in talks for overseas buy
Kirloskar in talks for overseas buy The Kirloskar group, a leading pump manufacturing player, is in talks with a mid-size company overseas for acquisition. “Discussions with the company are in an advanced...
Kirloskar Ferrous acquires castings division of Kirloskar Oil
Kirloskar Ferrous acquires castings division of Kirloskar Oil Kirloskar Ferrous Industries Ltd has informed the BSE that the company has executed an agreement with Kirloskar Oil Engines Ltd (KOEL) for acquisition of its...
Kirloskar Bros eyeing buys; sets aside Rs 250-300 cr
Kirloskar Bros eyeing buys; sets aside Rs 250-300 cr With already two acquisitions in its kitty, the Rs 900-crore Pune-based Kirloskar Brothers Ltd, player in the pump manufacturing segment, is eyeing acquisitions in...
Kirloskar acquires Aban Construction for Rs 57 crore
Kirloskar acquires Aban Construction for Rs 57 crore Pumps-maker and turnkey projects company Kirloskar Brothers Limited has acquired 100 per cent equity of Chennai-based Aban Construction Private Limited. KBL has...
Kirloskar Brothers Ltd is eyeing acquisitions in the US, the UK
Pump major Kirloskar Brothers Ltd is eyeing acquisitions in the US, the UK and the Far East, according to its Vice-President and Sector Head, Mr Pradeep Chapalgaonkar. The company has initiated talks with four-five...
Laxmanrao Kirloskar: An Engineering Maverick
Early in his childhood when his peers sang rhymes, Laxmanrao Kirloskar was fond of two things very distinct from others: mechanical objects and painting. All against his father’s wish and with financial support from his...
Morgan Stanley sells stake in Divgi TorqTransfer after muted listing
Morgan Stanley has sold about 3.73 lakh shares in Divgi TorqTransfer through a block deal for about Rs 22 crore after a muted debut on exchanges. The deal was executed at a gross price of Rs 590.32 per share. According...
January 2022
Issue Description LEGAL: AMENDMENTS TO SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, IN RELATION TO REGULATORY PROVISIONS ON RELATED PARTY TRANSACTIONS (RPT’S) DEMRGER: Shriram’s mega re-jig ...
Family has no plan to sell Escorts, says Nikhil Nanda after Kubota deal
“The fourth generation at the Nanda family is absolutely committed to Escorts,” Nikhil Nanda, chairman and managing director of Escorts, has said soon after announcing the onboarding of Japanese tractor maker Kubota as...
Apna.co raises $12.5 million led by Sequoia, Greenoaks Capital
Apna.co, a vertical professional networking platform on Tuesday said that it has raised $12.5 million led by Sequoia Capital India and Greenoaks Capital. Existing investors, Lightspeed India and Rocketship.VC also...