Kirloskar Pneumatic acquires balance stake in Systems and Components (India)

Kirloskar Pneumatic Company (KPCL) has acquired balance 44.74% stake from the existing promoter shareholder of Systems and Components (India) (subsidiary company) on 04 May 2026 pursuant to the Share Purchase and Share Holders' Agreement (SPSHA). As a result, the subsidiary company has become wholly owned subsidiary of KPCL with effect from 04 May 2026.