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Board of Kirloskar Industries approves allotment of 3525 equity shares under ESOP business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
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. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, 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 committed to keeping you informed and updated with c ....
Held on 19 December 2020The Board of Kirloskar Industries at its meeting held on 19 December 2020 has accorded its approval for acquisition of 100% equity share capital of Wellness Space Developers (WSDPL) and to make it a Wholly-Owned Subsidiary of the Company. The Board has approved the transfer of the Company s Real Estate Business Undertaking at Kothrud on a going concern basis to WSDPL by way of a Slump Sale . Business Transfer Agreement has been executed by and between the Company and WSDPL. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ....