Elecon Engineering has received an approval from High Court of Gujarat for Scheme of Arrangement between Prayas Engineering, EMTICI Engineering, Elecon Engineering Company, Elecon EPC Projects and their respective shareholders and creditors.

The company is awaiting the copy of the High Court order and the scheme will be effective once the copy of order is filed with the Registrar of Companies, Gujarat.

Elecon Engineering Company (EECL) is a market leader in the domestic gears segment with around 25% market share in the domestic transmission equipment segment.

Related Elecon Engineering Company Ltd. Links:

Elecon Engg. Share Price

175.60 0.90 (0.52%) Jan 25, 18:01
1 Year Price Chart
Company Name CMP
BHEL 57.60
Bharat Electronics 204.25
ISGEC Heavy Engg. 624.05
Thermax 1982.75
BEML 1780.60
View more..
Sensex vs Elecon Engg.