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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.

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Company Name CMP
Waaree Energies 2350.00
Apar Industries 18116.70
Havells India 1052.10
Suzlon Energy 39.59
Siemens 3670.00
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