28 September 2022

BSE Limited

The Manager

Corporate Relationship Department

Listing Department

1st Floor, P. J. Towers,

National Stock Exchange of India Limited

Dalal Street, Fort,

Exchange Plaza, C -1, Block G,

Mumbai 400 001.

Bandra-Kurla Complex, Bandra (E),

Mumbai 400 051.

BSE Scrip Code: 500243

NSE Scrip Code: KIRLOSIND

Dear Sir,

Subject: Update on intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In continuation of our earlier letter dated 20 September 2022, informing about the proposed sell of 21,14,349 equity shares constituting 17.41% of the paid-up equity share capital of Swaraj Engines Limited ("SEL") to Mahindra & Mahindra Limited (M&M).

In this connection, we would like to inform you that the Company has sold 21,14,349 equity shares constituting 17.41% of the paid-up equity share capital of SEL to M&M on 27 September 2022. Consequently, the shareholding and voting rights of the Company in SEL has decreased from 17.41% to 0.00% of the equity share capital of SEL.

You are requested to take the same on record.

Thanking You.

Yours Faithfully,

For Kirloskar Industries Limited

ASHWINI VIJAY MALI

Digitally signed by

ASHWINI VIJAY MALI

Date: 2022.09.28 16:27:03 +05'30'

Ashwini Mali

Company Secretary &

Compliance Officer

Kirloskar Industries Limited

A Kirloskar Group Company

Regd. Office: Cello Platina, Office Number 801, Fergusson College Road, Shivajinagar, Pune- 411005

Tel: +91 (20) 29704374 | Fax: +91 (20) 29704374

Email: investorrelations@kirloskar.com | Website: www.kirloskarindustries.com

CIN: L70100PN1978PLC088972

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Kirloskar Industries Ltd. published this content on 28 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 September 2022 18:55:06 UTC.