Elgi Equipments’ arm invests fund in Elgi Compressors Eastern Europe

11 Dec 2020 Evaluate

Elgi Equipments’ wholly owned subsidiary -- Elgi Compressors Europe SRL has invested 5000 PLN (Polish Zloty) in the share capital of Elgi Compressors Eastern Europe sp. z.o.o., Poland. The newly formed entity will host the sales force for the Eastern Europe with an objective of promoting ELGi’s EPSAC (Electric Powered Screw Air Compressors) products.

The Company’s Wholly Owned Subsidiary in Belgium ‘Elgi Compressors Europe SRL’ has formed a Subsidiary Company in Poland by name ‘Elgi Compressors Eastern Europe sp. z.o.o.’

Elgi Equipments is a holding company and an air compressor manufacturer. The company’s segments include Compressors, Automotive Equipments and Others.

Elgi Equipments Share Price

600.10 20.90 (3.61%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
KSB 3840.00
Elgi Equipments 600.10
Dynamatic Tech 7458.05
Kirloskar Pneumatic 712.00
Ingersoll Rand 3621.10
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