Escorts Tractors

Company limited by shares (2)

Escorts Tractors Overview

Address
ESCORTS HOUSE, ROSHANARA ROAD,DELHI-110007. Delhi INDIA
CIN
U29210DL1969PLC005046
TYPE
PUBC
CATEGORY
Company limited by shares
SUB-CATEGORY
Indian Non-Government Company
WEBSITE
EMAIL
FOUNDED
21 May,1969
PAID-UP CAPITAL
700
AUTHORISED CAPITAL
100,000,000
N/A Related OEMs
N/A No. of plants

Escorts Tractors in News

18 Nov 2021

Kubota to hike stake in Escorts

In order to make Escorts as the exclusive vehicle of business in India, Escorts and Kubota have decided to take necessary steps to evaluate and consider the feasibility of merger of Kubota Agricultural Machinery India Pvt. Ltd (KAI) & Escorts Kubota India Private Limited (EKI), subject to necessary approvals, Escorts said in a BSE filling.

11 Jul 2020

Escorts-Kubota deal gets CCI nod

Upon completion of the transaction, Escorts to issue and allot 12,257,688 equity shares through a preferential issue to Kubota at an issue price of Rs 850 per equity share, subject to shareholders' and necessary regulatory approvals.

18 May 2020

Escorts delays opening of new JV plant due to Covid-19

Due to uncertainties in the market conditions post the outbreak of coronavirus pandemic, Escorts Ltd has decided to delay the commencement production at its new JV plant to slightly later date this year. Besides, the company is also mulling to reduce its capital expenditure for FY'21 to weather the current supply chain disruption.

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