12-Jun-2026 19:06:10

KIRLFERAcquisition and merger

🏭 KIRLOSKAR FERROUS COMPLETES MERGER OF TWO WHOLLY-OWNED SUBSIDIARIES

β€’ πŸ”„ Merger of Oliver Engineering Pvt Ltd and Adicca Energy Solutions Pvt Ltd with Kirloskar Ferrous Industries (KFIL) has become effective β€’ βš–οΈ NCLT Mumbai order filed with Registrar of Companies on 11 June 2026 β€’ πŸ“… Scheme is operative from 1 April 2025 (Appointed Date) β€’ 🏒 Both transferor companies stand merged into KFIL and dissolved without winding up β€’ πŸ“Š No new shares to be issued as both entities were wholly-owned subsidiaries; issued capital of transferor companies stands cancelled 🟒 Impact: Positive (Simplifies corporate structure, improves operational efficiency and reduces compliance costs)

KIRLOSKAR FERROUS IND LTD

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