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Kirloskar Electric inks pact to sell land in Karnataka

04 Oct 2022 Evaluate

Kirloskar Electric Company has entered into agreement to sell 1.27 lakh square meters land in Karnataka for Rs 95.12 crore. The expected date of completion of sale is on or before March 31, 2023 or any other extended date, as agreed between the parties.

Kirloskar Electric Company is one of the India’s leading manufacturers of electrical and power equipment. The company was established in 1946 by Ravi L Kirloskar.

Peers
Company Name CMP
Waaree Energies 2510.00
Apar Industries 17872.70
Havells India 1096.50
Suzlon Energy 42.35
Siemens 3880.15
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