Kirloskar Ferrous Industries allots 2.49 cr equity shares

Kirloskar Ferrous Industries has allotted 2,49,04,259 equity shares of Rs 5 each to equity shareholders of ISMT pursuant to scheme of arrangement and merger of ISMT with Kirloskar Ferrous Industries. Consequently, the issued, subscribed and paid-up share capital of the Company stands increased to Rs 82,18,37,165 comprising of 16,43,67,433 equity shares of Rs 5 each.