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Elgi Equipments’ arm invests 10000 GBP in ELGi Compressors UK and Ireland

08 May 2021 Evaluate

Elgi Equipments’ Wholly Owned Subsidiary in Belgium -- ‘Elgi Compressors Europe SRL’ has invested 10000 British pound sterling (GBP) in the share capital of ELGi Compressors UK and Ireland. The newly formed entity will host the sales force for the UK & Ireland with an objective of promoting ELGi’s products.

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

Peers
Company Name CMP
Kirloskar Brothers 1629.45
Elgi Equipments 556.10
Shakti Pumps (India) 348.80
KSB 629.60
Oswal Pumps 229.30
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