Escorts has completed the acquisition of the aforesaid 2,00,00,000 equity shares of Kubota Agricultural Machinery India (KAI) from Kubota Corporation, Japan (KBT) ,constituting 40% of the share capital of KAI at Rs 45 per equity share for an aggregate value of Rs 90,00,00,000.
Escorts is one of India's leading engineering conglomerates with over six decades of experience. It has helped accelerate India’s socio-economic development through its presence across the high growth sectors of Agri-machinery, construction & material handling equipment and railway equipment.
