Elgi Equipments’ board has approved the investment and incorporation of a subsidiary in Spain by name Elgi Compressors Iberia SL through its subsidiary company Elgi Compressors Europe SRL. It is expected that the subsidiary company be incorporated by end of November, 2019. The Board of Directors in its meeting held on November 08, 2019 has approved the same.
Elgi Equipments is a holding company and an air compressor manufacturer. The company’s segments include Compressors, Automotive Equipments and Others.
