Announcement under Regulation 30 (LODR)-Press Release / Media Release

Sir / Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (LODR), including amendments thereunder, this is to inform you that the press release in respect of the Company's proposal to divest its holding in Swaraj Engines Limited to Mahindra & Mahindra Limited through inter-se transfer amongst the promoters through off market, is enclosed. You are requested to take the same on your record.

4 days ago

PRESS RELEASE

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Sentiments detected

Positive 1
  • Commenting on the announcement, Mr. Mahesh Chhabria, Managing Director, KIL, said “We are happy to get into this agreement with M&M.

Negative 0

    Mentioned Phrases & Organizations

    Important keywords detected (20+)

    kirloskar (5)
    sel (5)
    code (4)
    mahindra (4)
    industries (4)
    stock (3)
    regulation (3)
    regulations (3)
    inter (3)
    transfer (3)
    market (3)
    kil (3)
    transaction (3)
    forward (3)
    looking (3)
    statements (3)
    stock exchange (3)
    regulation sebi (3)
    kirloskar industries (3)
    department (2)

    Organizations identified (10+)

    KIL (3)
    Swaraj Engines Limited (2)
    Kirloskar Industries Limited (2)
    SEL (2)
    VBsE Limited (1)
    Encl (1)
    KIRLOSIND (1)
    Kirloskar Industries Ltd (1)
    Avante Spaces Limited (1)
    Fergusson College Road (1)

    Tables extracted (1)

    Features are experimental.