Kirloskar Electric signs MoU with Shirdi Sai Electricals

02 Jul 2019 Evaluate

Kirloskar Electric Company has entered into a Memorandum of Understanding (MoU) with Shirdi Sai Electricals, Hyderabad for transfer of manufacturing unit (unit - 16) of the company, located in Pune, either by Business Transfer or such other mode as may be agreed, subject to the completion of satisfactory due diligence and after receipt of other approvals as may be required.

Kirloskar Electric Company (KEC) is one of the India’s leading manufacturers of electrical and power equipment. The company was established in 1946 by Ravi L Kirloskar.

Kirloskar Electric Share Price

75.10 3.55 (4.96%)
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Company Name CMP
Havells India 1225.80
Siemens 2778.00
Apar Inds 1485.95
ABB India 3024.15
CG Power & Indl.Soln 275.80
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