Diesel engines manufacturer Kirloskar Oil Engines today said one of its promoter Kirloskar Systems has pledged 4.55 per cent stake for an undisclosed amount.
The company informed the Bombay Stock Exchange that Kirloskar Systems has pledged 88,30,000 shares representing 4.55 per cent on the company.
Shares of Kirloskar Oil Engines closed at Rs 35.30, up 0.86 per cent on the BSE.