Elgi Equipments Completes Exit from US Joint Venture

MT Newswires Live

2025/04/14

Elgi Equipments (NSE:ELGIEQUIP, BOM:522074) said its wholly owned subsidiary, Elgi Compressors USA, has completed the divestment of its entire stake in Compressed Air Solutions of Texas to the joint venture partner.

The transaction was completed for a total consideration of $154,586, according to a Friday filing with the Indian bourses.

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