Elgi Equipments incorporates subsidiary company in Belgium

02 Feb 2019

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.

Related Elgi Equipments Ltd. Links:

Elgi Equipments Share Price

157.25 4.90 (3.22%) Jun 05, 18:01
1 Year Price Chart
Company Name CMP
Dynamatic Tech 517.00
Elgi Equipments 157.25
Ingersoll Rand 637.45
Kirloskar Pneumatic 109.10
WPIL 387.40
View more..
Sensex vs Elgi Equipments
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719