YEAR EVENTS 1920 - The company was incorporated on 15th January, at, Kirloskarvadi, Maharashtra. It manufactures agricultural implements, power driven pumps, Sugarcane crushers, centrifugal pumps, sluice valves, reflux valves, concrete mixers, decorticators, machine tools, vertical turret lathes and horizontal boring machines etc. The company also deals in other engineering products, which are marketed under the trade name 'Kirloskar'. - Kirloskar Silk Industries Ltd., Kirloskar Copeland Ltd., and Pooja Credits ar subsidiaries of the Company. 1977 - 3,27,081 Bonus Equity shares issued in prop. 2:3 during 1975-76. 1978 - Some forfeited shares reissued or forfeiture annulled. 4,08,935 rights equity shares issued at par in prop. 1:2 during 1978-79. Arrears Rs 2,82,185. 1980 - 60,000-9% Pref. shares redeemed on 31st July 1981. Forfeiture on 32 No. of Equity shares annulled. Arrears Rs 11,624. 1982 - Forfeiture on 227 No. of equity shares of Rs 25 each annulled. Equity shares subdivided on 20th May 1983. Arrears Rs 10,549. 1983 - Two new joint venture companies were incorporated, viz., Kirloskar Rateau Ltd., a 100% export oriented unit in India and Rateau Kirloskar international, Paris as a marketing company in co-operation with Alsthom Atlantique of Paris. Hence it became a subsidiary of the Company since its incorporation on 23rd April, 1984. - 1,980 Bonus Equity shares allotted on consolidation of fractional bonus coupons. 810 No. of equity shares forfeited. 1984 - Kirloskar Rateau Ltd., which was proposed to be set up plant near Kirloskar for the manufacture and export of specialise multistage pumps, was not activised pending various approvals and clearances. The Company did not receive the necessary permission from the Govt. to invest in Kirloskar Rateau Ltd., though Alsthom Atlantique of Paris was granted the requisite permission. - The Company issued 50,000-15% secured, redeemable, non-convertible debentures of Rs 100 (III Series), each at par as rights in the prop. 10 debentures for every 655 No. of equity shares held and 10 debentures for every 262-9.5% cumulative preference shares held. - A further 25,000-15% secured, redeemable non-convertible debentures of Rs 100 each were privately placed. All the 75,000 debentures are redeemable under a non-cumulative interest scheme at a premium of 5% on 20th June, 1992, and under a cumulative interest scheme n three yearly instalments of Rs 35 each commencing from the expiry of the 7th year of allotment with premium paid in the first instalments. - Pref. shares redeemed on 1st July 1985. Forfeiture on some shares annulled. 1985 - Authorised capital reclassified. 1986 - The Company has entered into foreign collaboration agreements with M/s. Oil Tool Specialities Co., U.S.A., for the manufacture of Christmas trees and conventional wellhead assembles; with M/s. Godiva Fire Pumps Ltd, U.K., for the manufacture of fire fightings pumps and with M/s. Nikkiso Co Ltd., Japan for the manufacture of canned motor pumps. 1988 - During September-October, the Company offered 3,45,000-14% secured non-convertible debentures of Rs 100 each (IV Series) on rights basis to the shareholders and debentures holders (I Series) in the following proportion: - (i) 1 deb: 225 No. of equity shares to the equity shareholders and (ii) 1 deb: 1 deb. for debenture holders ( Series). Only 74,486 debentures were taken up. The unsubscribed portion of 2,70,514 debs. were allotted on private placement basis. These debentures are redeemable at a premium of 5% on the expiry of 7 years from the allotment date. - The Company privately placed with SBI Capital Markets, Ltd., 14%-1,00,000 secured redeemable non-convertible debentures of Rs 100 each. These debentures are redeemable in three equal annual instalments of Rs 35 each on 1st June of 1995, 1996 and 1997 at a premium of 5% included in the second instalment. 1989 - The mobile fire fighting pumpsets manufactured in technical collaboration with Godiva Fire Pumps Ltd. U.K. was well received in the market. - The Company received a letter of intent for expansion in the manufacture of hermetically sealed compressors from the existing 100,000 nos. to 500,000 nos. per annum. 1990 - On 26th July, the Company allotted 200,000-14% secured redeemable non-convertible debentures of Rs 100 each (VI Series) on private placement basis to LIC mutual fund. These debentures were to be redeemed in three equal annual instalments of Rs 35 each on the 1st June of 1995, 1996, 1997 respectively at a premium of Rs 5 per debenture. - The non-cumulative debentures and 30% of cumulative debentures out of the third series were redeemed on 19th June 1992. 1991 - The plant for manufacturing submersible pumps under licence from Ebara Italia S.P.A. was being erected in Shindewad, near Shirwal. - The Company withdrew from SPP International Ltd., U.K., and SPP Inc., U.S.A. by disposing of its investments, after obtaining necessary approvals. 1994 - The first half of the year was a difficult period for the company with poor sales and profitability. This was attributed to re-engineering at the Company's factories that led to disruption in production and confusion in respect of levy excise duty on pump components disrupting sales. - 11,30,935 No. of Equity shares of Rs 10 each were allotted to associate companies on preferential basis. - The Company entering into technical collaborations with world renowned companies for manufacture of pumps, machine tools and hermetic compressors. - The Company received the Export Excellence Award from the Government of India for the seventh year in a row. 1995 - The Cast Iron foundry at Kirloskarvadi was upgraded to meet international challenges, thereby increasing its productivity. - Sigmund Pulsometer Pumps, Ltd., Reading, U.K. (SPP), the Company's sole distributors for U.K. and Western Europe proposed that a separate marketing company be formed under the name SPP Inc., Baltimore, U.S.A. (SPP) for handling the sale of certain other products developed with the help of SPP and manufactured by the Company. - The Company signed a technical collaboration agreement with Corrocoat Ltd. U.K. for the manufacture of anti-corrosion coatings for pumps. - During March, the Company allotted 11,30,935 No. of equity shares of Rs 10 each to associate companies on preferential basis. Subsequently in April 1995 the Company allotted 8,33,033 No. of equity shares at par to an associate company. - 8,33,033 No. of equity shares of Rs.10 each (prem. 211.83 per share) were allotted against Warrants to Group companies on preferential basis. 1996 - A new series of canned motor pumps in the range of 0-200 KW will be introduced during the year. - To enter the power generation sector the company has signed a co-operation and Technology Transfer agreement with Finmeccahica S.p.A. Azienda Ansaldo of Italy for manufacture of steam turbines. - 20,14,559 bonus shares issued in the prop. 2:5. 1997 - The Company inaugurated its Anti Corrosion coating plant at Kirloskarvadi with a capacity of 150 tonnes per annum. - The Company has allotted 20,14,559 No. of equity shares of Rs. 10/- each as Bonus Shares by capitalisation of part of share premium account. - The company is negotiating a technical tie-up with Japanese silk major, Mitsubishi, for bringing in the world's highest grade silk to India. - KBL has entered into a technical cooperation agreement with Taramomeccanica SpA (TM), Italy for CVP. - Kirloskar Brothers signed a memorandum of understanding with the Laos government for a joint venture to manufacture high capacity pumps for irrigating agricultural farms. 1998 - KBL signed an agreement with Ebara Corporation of Japan, the world's second largest manufacturer of pumps and turbines, to manufacture that company's range of hydro turbines up to 10 MW capacity for a single unit. - India's second concrete volute pump station built by KBH at National Thermal Power Corporation 2500 MW Super Thermal Power Project at Vindhyachal was commissioned. 1999 - Toyota-Kirloskar, the 50:50 joint venture betweenToyota and Kirloskar Brothers, is setting up its first service station-cum-showroom at Goregoan in suburban Mumbai. - KBL has entered into a distribution agreement with Erhard Gmbh and Co, Germany, one of the leading manufacturers of gate, butterfly, ballcheck 2000 -Moved its entire business of sales and distribution of fluid pumps and a part of its projects business on-line, for both the domestic as well as international customers. 2001 -Approves a proposal for buyback of its shares -Increases its stake by acquiring 4,91,016 more equity shares in KOEL, the company informed the Bombay Stock Exchange. -Bagged two orders worth Rs 519 crore, including Sardar Sarovar Nigam's Rs 442-crore contract to manufacture and commission pump stations in Saurashtra -Introduces a Voluntary Retirement Scheme (VRS) for workers and technicians at its Dewas plant (Madhya Pradesh). -Received an order from Gujarat Mineral Development Corporation ltd for supply of circulating water pumping package on a turnkey basis for its 2x125 mw Akrimota Thermal Power Project valued at about Rs 30 crore. 2003 -Bagged an Order worth US $ 5,000,000/- from the Ministry of Water Resources and Meteorology, Phnom Penh, The Royal Government of Cambodia. -Board approved for investments to be made in a Special Purpose Vehicle overseas with a view to exploring business and marketing opportunities -Acquires certain assets and businesses of the UK-based SPP Pumps Ltd, a part of Thyssen Bornemiscza Group. -Invested 19,50,000 GBP (Rs 14,90,77,500) in the share capital of a JV Company incorporated in the United Kingdom. -Declares 'SLK Birth Centenary Year Special Interim Dividend' @ 100% on the equity shares of the Company for the year 2003-2004 2004 -Company and Hindustan Construction Company Ltd (HCC) had jointly submitted a bid for Devadula - Godavari lift Irrigation Scheme of Government of Andhra Pradesh. The Contract has been awarded to HCC and the Company as joint bidders. -KBL bags contract worth 1240 million -Kirloskar Brothers Ltd (KBL) launched its new generation submersible pump 'Champion 2' -Kirloskar Brothers Ltd has informed that it has bagged an order worth Rs 41,40,00,000 from Bharatiya Nabhikiya Vidyut Nigam Ltd acting through Nuclear Power Corporation of India Ltd, Mumbai for design, drawing, manufacture and supply etc of 3 primary sodium pumps, its spares and accessories -Delist from Pune Stock Exchange w.e.f. October 14, 2004. 2005 -Kirloskar Brothers has given the Bonus in the Ratio of 2:1 -Company has splits its Face value of Shares from Rs 10 to Rs 2 2008 -Kirloskar Brothers Limited has informed that at the Annual General Meeting of the Company held on July 18, 2008, the members have approved re-appointment of retiring directors i.e. Mr. S. S. Marathe, Mr. P.S. Jawadekar, Mr. M. G. Padhye and Mr. Rahul C. Kirloskar. 2009 -Kirloskar Brothers has received a prestigious order from Mechanical & Electrical Department (MED). Ministry of Water Resources and Irrigation, Egypt, for construction of new irrigation pumping stations at Benban and Rozaikat on turnkey basis. 2010 -Kirloskar Bros bags order from GWSSB for installing solar pumps -KBL-SPML has bagged a contract worth Rs 448.35 crore from Bangalore Water Supply and Sewerage Board for civil and electromechanical works. -Kirloskar Systech Ltd. has been incorporated as a Wholly Owned Subsidiary of Kirloskar Brothers Ltd. 2011 -Kirloskar Brothers has recommended payment of a dividend of Rs. 3.50 per share -KBL launches innovative design Tamper Proof Kinetic Air Valve -KBL Launches Mobile Pump Controller -Kirloskar Brothers Limited wins prestigious SAP ACE Award 2011 -KBL receives Factory Mutual (FM) certification for Valves 2012 -KBL Launches web based troubleshooting guide for pumps. -KBL Dewas Participated and bagged first prize MT Award for Excellence in Safety. -Kirloskar Brothers Limited inauguratesits first Authorised Refurbishment Centre (ARC) at Vadodara -Kirloskar Brothers marks 50 years of presence in Egypt -KBL gets trademark registration for JALVERTER. 2013 -KBL inaugurated two major pumping stations in Egypt- Benban and Rozaikat. -Kirloskar Brothers Limited inaugurates second Refurbishment Centre in New Delhi -Kirloskar Brothers acquires ASME Certificates of Authorisation. -Kirloskar Brothers Limited, Dewas - Winner of Lakshman Rao Kirloskar Award for foundry of the year-2012. -Kirloskar wins ASSOCHAM Innovation Excellence Award 2013. 2014 -Kirloskar Brothers opens refurbishment centre in Bellary. -Kirloskars set up centre to service irrigation systems in Egypt. -Kirloskar Brothers signs MoU with Peru's national water authority ANA. -KBLs all-women Coimbatore plant awarded at the 5th Asia Employer Brand Awards 2014. 2015 -Kirloskar Brothers acquired Rodelta Pumps -KBL wins national award for LLC pumps series -KEPL Tests High Speed High Pressure Pumps for Saudi Aramco -CII's Merit Award to KBL Coimbatore -KBL's LLC Pumps series receives the prestigious 'INDIA DESIGN MARK -KEPL sets new technological benchmark 2016 -Kirloskar Brothers buys Rodelta Pumps. -CII GreenCo had awarded Silver award to Kirloskarvadi plant and Bronze award to Kondhapuri Plant on 16th June 2016 at GreenCo Summit, Hyderabad. -Kirloskar Brothers Ltd has informed BSE that the Honorable High Court of the Judicature at Bombay has sanctioned the Scheme of Amalgamation between Kirloskar Systech Limited and Kirloskar Brothers Limited and their respective shareholders. 2019 -Kirloskar Brothers Limited (KBL) reiterated its capabilities as the country's leading provider of innovative pumping solutions by launching three products in less than a month. The company has precisely launched three products, including two pumps and a water filtration product to be used with pumps. 2020 -KBL Launches Energy Efficient SP Coupled Pumpset With IE4 Motor 2021 -KBL Recognised At The ASSOCHAM `Diversity & Inclusion Excellence Awards & Conclave', For Being The Best Employer For Women -Dewas Plant Wins Silver Medal At National Awards For Manufacturing Competitiveness -KBLOne4All App For E-Warranty Registration Launched -KBL Adjudged The Best Of No.1 Company In Domestic & Agri Pump Sales In Odisha -Advanced Technology Product Division (ATPD) Manufacturing Facility Opened At Kirloskarvadi -KBL Received Patent For Dual Voltage Controller -Kirloskar Brother Wins The Digital Technology Senate Awards 2021 For IoT -KBL Launches SP Coupled Pumpset With IE5 Motor Offering Ultra-Premium Efficiencies -KBL Introduces NEO Series 4-Inch Borewell Submersible Pumps -Kirloskar Brothers Limited Wins `India's Most Ethical Company' Award -Kirloskar Brothers Limited Launches Mini Range Pumps AARNA, ANAYA And RIAN 2023 -Kirloskar Brothers Limited Expands Its Portfolio in the HVAC Segment with the Launch of all new KW-LC Series of Pumps. -KBL Launches New Aqua Torrent-10FCL Pump Series (1.0HP). -KBL receives Patent for Hydro Power Generation System. 2024 -KBL is the Associate Partner of Puneri Paltan for Pro Kabaddi League Season 11 -Kirloskar Brothers Limited Earns Coveted GreenCo Certifications for its Manufacturing Plants.