KBL

Kirloskar Brothers Limited has informed the Exchange that the Committee of Directors for Scheme of Arrangement, approved the scheme of arrangement ("Scheme") between the Company, Kirloskar Brothers Investments Limited and their respective shareholders, for transfer and vesting of company's certain investments to Kirloskar Brothers Investments Limited (KBIL). The said Scheme of Arrangement inter alia provides for re-organisation of the share capitals of the Company and KBIL and the transfer of and vesting of said Investments, subject to approvals from shareholders and Honourable High Court at B

Kirloskar Brothers Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 20, 2009) that the Board has deliberated on a proposed scheme of arrangement to facilitate seperating the core business and investments of the Company and has constituted a committee of directors to examine and suggest the future course of action.

Kirloskar Brothers Limited had informed the Exchange about taking over the management of The Kolhapur Steel Limited(TKSL). The Company has now informed the Exchange that in accordance with the orders passed by the Honourable Board for Industrial and Financial Reconstruction (BIFR) on May 14, 2008: (1) The Unsecured loan of the existing promoters was converted by allotment of equity shares of TKSL. (2) Further, funds infused by Kirloskar Brothers Limited for revival of TKSL, have been appropriated by allotment of equity shares of TKSL to Kirloskar Brothers Limited (KBL)- the new promoter. (3) K

Kirloskar Brothers Limited has informed the Exchange vide its letter dated September 10, 2007, that: "The Company has acquired 100% equity share capital of "Gondwana Engineers Private Limited", for a total consideration of Rs.76.36 million (Rupees Seven Crores Sixty Three Lacs and Sixty Thousand only). The company has executed the necessary share purchase agreement to that effect, at Pune, today. Gondwana Engineers Private Limited (GEPL) is the company started by Mr. S. D. Shangarpawar, a Technocrat, in the year 1982. GEPL is having specialisation in various Water, Sewage and Effluent treatmen

Kirloskar Brothers Limited has informed the Exchange that the Company has acquired 100% equity share capital of "ABAN Constructions Private Limited", a Chennai based company, on a debt free basis, for a total consideration of Rs. 577 Million (Rupees Five Hundred and Seventy Seven Million only). The company has executed the necessary share purchase agreement to that effect, in Chennai on September 29, 2006. ABAN Constructions Private Limited (ACPL) belonged to the reputed ABAN group of Companies. It will function with the same name and would be a 100% subsidiary company of Kirloskar Brothers Li