Kirloskar Ferrous Industries Limited has allotted 3,830 equity shares of ₹ 5 each upon exercise of stock options pursuant to KFIL Employee Stock Option Scheme 2017, increasing the issued, subscribed and paid-up share capital of the Company to ₹ 69,49,88,545 comprising of 13,89,97,709 equity shares of ₹ 5 each.