|The Company was incorporated on 12 January 2009 as public limited company. The Company was incorporated with the primary objective of taking over of Engine and auto component business of erstwhile KOEL under the scheme on going concern basis. Pursuant to Scheme of
Arrangement between the KIL and the Company and their respective shareholders and creditors, as approved by the Honble High Court of Judicature at Bombay vide its orders dated 31 July 2009 read with its order 19 March 2010, engines and auto components business of KIL was vested
with the Company on becoming effective of the Scheme. The name of the Company has been changed to Kirloskar Oil Engines Limited as per said Scheme. The Registrar of Companies, Maharashtra, Pune has issued a fresh certificate of incorporation dated 2 June 2010.