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Kirloskar Pneumatic Company converts government grant land to freehold land

23 Mar 2022 Evaluate

Kirloskar Pneumatic Company has converted about 5.58 lakh Sq. mtrs. Government Grant Land at Eklahare, Nashik Road, Nashik to Freehold Land at a cost of around Rs 58 crore as per the order of Nashik Collector dated March 21, 2022, to meet its future growth requirements.

Kirloskar Pneumatic Company established in 1958 is India’s leading name in Compressed Air, Air-conditioning & Refrigeration and Hydraulic Power Transmission. The company is now a part of Kirloskar group.

Peers
Company Name CMP
Kirloskar Brothers 1731.20
Elgi Equipments 595.95
Shakti Pumps (India) 469.70
KSB 801.10
Oswal Pumps 269.65
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