Tag: KOEL

Kirloskar Oil Engines to acquire balance equity stake of La Gajjar Machineries

Kirloskar Oil Engines Limited (KOEL), a leader in the manufacturing of diesel engines, agricultural equipment, and generator sets with a sizable presence in international markets, announced that it will acquire balance stake in La-Gajjar Machineries Private Limited (LGM), Ahmedabad. KOEL had acquired 76% stake in LGM in the year 2017 with an agreement that the…

Kirloskar Oil Engines CFO Pawan Kumar Agarwal resigns

Kirloskar Oil Engines Limited (KOEL) announced that Pawan Kumar Agarwal has resigned from the role of Chief Financial Officer of the company, with effect from September 15, 2022. According to the company’s exchange filing, “this is to inform you that Mr. Pawan Kumar Agarwal, Chief Financial Officer and Key Managerial Personnel of the Company had…