Escorts receives approval to raise fund on preferential basis
17th Jul 2020

Escorts has received approval from board of directors for allotment of 1,22,57,688 equity shares on preferential basis for an aggregate consideration of  Rs 10,41,90,34,800 to Kubota Corporation, Japan.

Escorts offer a comprehensive range of tractors with more than 45 variants starting from 25 to 80 HP. The company also manufactures and markets a diverse range of equipments like cranes, loaders, vibratory rollers and forklifts.