Tractor maker Escorts Limited announced the re-appointment of Nikhil Nanda as Managing Director of the company, with effect from September 19, 2022. According to the company’s exchange filing, “Pursuant to Regulation 30 and 33 of the SEBI {listing Obligations and Disclosure Requirements) Regulations, 2015, please note that the Board in its meeting held today i.e.…
Rajan Nanda Innovation Lab, an initiative of Escorts Ltd., has selected five start-ups in agri-tech, rail-tech and infra-tech through its Inter-College Innovation Challenge IC to fund, incubate & mentor. “All selected concepts would receive a seed funding from Escorts. Partial & limited financial assistance would also be provided to nine other ideas for building of…
Kubota Corporation, a leading global tractor and machinery manufacturer from Japan, will acquire 10% equity stake, on a post capital reduction basis, in Escorts Ltd., a leading engineering conglomerate in India, in order to integrate and deepen their relationship towards achieving their mutual ambition of global leadership. Upon completion of this transaction, Escorts and Kubota…