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Kirloskar Electric Company informs about joint venture agreement

25 Oct 2019 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relating to intimation on entering into a Joint Venture Agreement, Kirloskar Electric Company has informed that the Company has entered into a Joint Venture Agreement with Electrodrive Powertrain Solutions having its registered office at 184/2, Aerodrome Road, Singanallur, Coimbatore - 641005, Tamil Nadu for design and development, sales and supply of electric motors to be used for all types of electric vehicles. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Waaree Energies 2503.00
Apar Industries 18239.35
Havells India 1088.00
Suzlon Energy 43.02
Siemens 3865.00
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