Kirloskar Oil Engines,now Kirloskar Industries resumes quoting today…closes at Rs 425…It’s now reduced to a Holding Company…so what’s the Real Value after the Demerger?
On April 21,2010,Kirloskar Oil Engines Ltd (KOEL) was suspended from Trading to facilitate the Scheme of Demerger…It was last quoted at Rs 175 in April on FV Rs 2 share The Company’s new name is Kirloskar Industries Ltd (KIL) from March 31,2010 and the demerger scheme is as below The Business of Engines and Auto Components …