Kirloskar Power Equipments Ltd acquired 34,68,007 shares of Kirloskar Electric Company Limited, raising its stake from 1.73% to 6.60% via a preferential allotment.
A manufacturer of electrical equipment based in India, Kirloskar Electric produces electric motors, alternators, generators, transformers, switchgear, and diesel generator sets for industrial, commercial, and domestic applications. Established in 1946, the company operates across multiple product categories within the power generation and distribution sector. Its vertically integrated manufacturing capabilities and diverse portfolio of electrical solutions distinguish it in the industry.
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