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Elgi Equipments incorporates subsidiary company in Belgium

02 Feb 2019 Evaluate

Elgi Equipments has incorporated a new company in Brussels, Belgium namely ‘Elgi Compressors Belgium SPRL’ as a step down subsidiary company. Thus, Elgi Compressors Belgium SPRL will be a Wholly Owned Subsidiary of Elgi Compressors Europe SRL, which in turn is a wholly owned subsidiary of Elgi Equipments. The total cost of acquisition at which the shares are acquired is euro 50,000.

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

Elgi Equipments Share Price

628.45 29.50 (4.93%)
28-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1914.75
KSB 793.30
Shakti Pumps (India) 493.20
Elgi Equipments 628.45
Kirloskar Pneumatic 722.85
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