Elgi Equipments incorporates WOS company in Australia

18 Jul 2018

Elgi Equipments has incorporated a new company in Australia by name ‘Industrial Air Compressors’ as a wholly owned subsidiary (WOS) company. The percentage of shareholding is 100% with initial subscription of 120 Shares of Australian Dollar 1 each. Industrial Air Compressors is yet to begin its business and commercial operations.

Elgi Equipments is a holding company and an air compressor manufacturer. The company’s segments include Compressors, Automotive Equipments and Others.

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