Get Ready For 200% Dividend Payout: Kirloskar Oil Engines Sets Record Date; Trading Strategy Inside

With a significant presence in global markets, Kirloskar Oil Engines Ltd. (KOEL) is a prominent manufacturer of internal combustion engines, agricultural equipment, and generator sets. Additionally, it produces top-notch engines for construction machinery. Manufacturing air-cooled and liquid-cooled engines for generator sets with a broad range of power outputs (2kVA to 3000 kVA) is its area of expertise. It is widely used in markets for specialized fishing engines, power tillers, diesel and electric pump sets, and more. With operations in Dubai, South Africa, Kenya, and Houston, USA, the company also boasts a robust distribution network across the Middle East and Africa. The company has the most loT-connected DG sets and is one of the top-selling genset companies globally in the power generation market.

Kirloskar Oil Engines Dividend

At its meeting on May 14, 2025, the Board of Directors recommended a final dividend of Rs. 4 (200%) each equity share of Rs. 2 for the fiscal year 2024-2025. This recommendation is subject to the members' approval at the subsequent Annual General Meeting.

Kirloskar Oil Engines Dividend Record Date

"Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including amendments thereunder, the Register of Members and the Share Transfer Books of the Company will remain closed from Friday, 1st August 2025 to Thursday, 7th August 2025, (both days inclusive) for the purpose of AGM and for declaration of Final Dividend for the Financial Year 2024-25. The dividend, if declared at the AGM, will be paid to those members: a. whose name appear as Beneficial Owners as at the end of the business hours on 31st July 2025, in the list of Beneficial Owners to be furnished by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) in respect of equity shares held in electronic form; and b. whose name appear as Members in the Register of Members of the Company after giving effect to valid share transmissions / deletion of names in physical form lodged with the Company / its Registrar and Share Transfer Agent on or before 31st July 2025," said Kirloskar Oil Engines in a stock exchange filing.

Kirloskar Oil Engines Share Price Target

"The stock has shown a steady uptrend but is facing resistance around ₹880. If it breaks above this level, it could rally toward ₹920. Support is seen at ₹830. Momentum indicators are strong, suggesting the rally may continue. Buy-on-dips near ₹840 is advisable with a stop-loss at ₹820," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

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