Kirloskar Ferrous Industries raises Rs 250 crore through NCDs
10th Mar 2022

Kirloskar Ferrous Industries has raised Rs 250 crore through rated, listed, unsecured, redeemable Non-Convertible Debentures (NCDs) and allotted 2,500 NCDs having face value of Rs 10 lakh each in two series of 1,250 NCDs each on a private placement basis to the identified investors. 

Kirloskar Ferrous Industries (KFIL) was formed with the intention of transforming the high quality Pig Iron and Grey Iron casting industry. With a parent company that possesses a rich 130year manufacturing and engineering legacy, KFIL has been built on a solid foundation of innovation and customer centricity.