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Elgi Equipments informs about announcement regarding COVID-19

25 Mar 2020 Evaluate

Elgi Equipments has informed that, pursuant to Regulation 30 of the SEBI (Listing obligations and Disclosures Requirements) and in light of the unprecedented situation owing to the spread of COVID-19, keeping in mind the Government Advisories, the wellbeing and safety of the employees (including casuals, temporary and contract), it has been decided to close all the facilities of the Company-Registered Office, Factories- Air Compressor Plant, Foundry, PVD division, Motor division and the Company's subsidiary ATS Elgi and Joint Venture ELGI Sauer Compressors with effect from Tuesday, March 24, 2020 until further notice.

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

Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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