Kirloskar Management Services Private Limited announced that it expects to receive INR 4.875 million in funding from Kirloskar Ferrous Industries Limited

Kirloskar Management Services Private Limited announced a private placement of 487,500 shares at an issue price of INR 10 each for gross proceeds of INR 4,875,000 from new investor Kirloskar Ferrous Industries Limited (BSE:500245) on January 27, 2020.