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

35.10 -0.70 (-1.96%) Nov 14, 18:01
1 Year Price Chart
Peers
Company Name CMP
BHEL 53.80
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ISGEC Heavy Engg. 380.75
BEML 949.85
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Sensex vs Elecon Engg.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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