Trading in Kirloskar Bros’ suspended from Thursday

Wednesday will be the last day of trading for Kirloskar Brothers Investments owing to a scheme of arrangement. The composite scheme includes amalgamation of Kirloskar Brothers Investments (KBIL - proposed demerged company), Kirloskar Oil Engines and a new company (Pnuematic Holdings or such name as may be approved by the RoC, Pune). Its travel services firm will go to Pneumatic Holdings, to be listed separately.