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.
