Kirloskar Oil Engines (KOEL) has signed definitive agreements for acquisition of 100% equity shares of La-Gajjar Machineries (LGM). The board of directors at its meeting held on June 19, 2017 approved for the same. The closing is expected to be completed within 3 months subject to fulfilling of conditions as may be specified in the definitive agreements.
Kirloskar Oil Engines manufactures diesel engines in the range of 2 Kva to 6 MW. The engines are preferred by various services sectors like banks, telecommunication establishments, commercial use buildings, hotels and restaurants.
| Company Name | CMP |
|---|---|
| BHEL | 316.70 |
| Thermax | 4141.20 |
| Kirloskar Oil Eng | 1616.95 |
| Skipper | 433.50 |
| GMM Pfaudler | 931.05 |
| View more.. | |
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