Kirloskar Oil Engines hit new record high on incorporation of Arka Financial Holdings

This will be Holding Company for all financial service businesses of the Company.

Jul 15, 2021 03:07 IST India Infoline News Service

Kirloskar Oil Engines Ltd on Thursday has informed that, the Company has incorporated ‘Arka Financial Holdings Private Limited’, as a Wholly Owned Subsidiary Company.

This will be Holding Company for all financial service businesses of the Company.

The certificate of incorporation of Arka Financial Holdings Private Limited is dated on 14th July 2021.

The stocks hit new record high at Rs272.55 per piece during Thursday's trading session.

At around 3:23 PM, Kirloskar Oil Engines was trading at Rs269.35 apiece up by Rs15 or 5.9% on Sensex.

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