At meeting held on 15 May 2021The Board of Kirloskar Industries at its meeting held on 15 May 2021 has given its consent to invest in equity shares of Wellness Space Developers (WSDL), a wholly owned subsidiary of the Company upto Rs 15 crore by way of Rights lssue, subject to increase in the Authorised Share Capital of WSDL.
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At unit located at Budihyal Kirloskar Electric Company announced that the company made an
application to the concerned labour department to extend the lay-off period for 60 days of all workmen at the
Company s Unit located at Budihyal (unit-15).
Accordingly, 39 workmen will continue to be in lay off from 05 March 2021 to 04 May 2021 and 24 workmen s
layoff continues upto 10 March 2021.
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Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain com