TPG's Rise Funds will invest Rs 525 crore in Kirloskar Oil Engines' lending arm Arka Fincap, with Rs 275 crore more tied to milestones.
Company news · Finvezto · 6 Nov 2026 · Kirloskar Oil Engines (KIRLOSENG)
What happened
TPG's Rise Funds will invest Rs 525 crore in Kirloskar Oil Engines' lending arm Arka Fincap, with Rs 275 crore more tied to milestones. Source: Stock note
Why it matters
Anand Ganapathy K: Kirloskar's stake falls to 68.6% from 90.3% after the first tranche and 62.6% after the second. Arka manages about Rs 8,000 crore of loans. Source: Stock note
Links
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.