The Board of Directors of Kirloskar Oil Engines in its meeting held on 21 September 2022, have considered the proposal for necessary amendment(s) to the Shareholders Agreement between Kirloskar Oil Engines (KOEL), La-Gajjar Machineries (LGM) and Derwent Crystal India (DCIPL), for the purpose of acquisition of balance 24% equity shares of LGM by KOEL. The Board of Directors have also approved the exercise of Exit Option as per the Shareholders Agreement including amendments thereof. Powered by Capital Market – Live News
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