CCI approves Kubota Corporation's acquisition of equity in Escorts
Equipment

CCI approves Kubota Corporation's acquisition of equity in Escorts

The Competition Commission of India (CCI), the fair trade regulator, approved Kubota Corporation's acquisition of certain additional equity in Escorts Limited on Wednesday. According to a statement, the transaction involves Kubota acquiring certain additional equity shares of Escorts through preferential allotment and a mandatory tender offer following the Securities and Exchange Board of India (SEBI) rules.

Kubota is an agricultural machinery manufacturer that offers a wide range of products. It also provides engineering, procurement, and construction services, as well as maintenance.

Escorts is an Indian company that manufactures and sells agricultural machinery, construction equipment, and railway equipment.

The regulator said that the Commission approves acquisition of certain additional equity shares of Escorts Limited by Kubota Corporation by way of preferential allotment.

Escorts Limited, a leading engineering firm in India, is a preferred supplier of agricultural and construction equipment in the country. Escorts' presence in high-growth sectors such as agri-machinery, construction and material handling equipment, and railway equipment has helped India's socio-economic growth for seven decades. Escorts is dedicated to contributing to India's growth storey and bringing quality change to people's lives, thanks to in-house research and development centre and collaborations.

Kubota is a large manufacturer of agricultural machinery for both rice and dry-land farming. Kubota water treatment technologies have helped Japan's water supply. For more than 131 years, Kubota has supported Japan's water infrastructure.

Image Source

Also read: CCI approves acquisition of equity in Escorts by Kubota Corp

The Competition Commission of India (CCI), the fair trade regulator, approved Kubota Corporation's acquisition of certain additional equity in Escorts Limited on Wednesday. According to a statement, the transaction involves Kubota acquiring certain additional equity shares of Escorts through preferential allotment and a mandatory tender offer following the Securities and Exchange Board of India (SEBI) rules. Kubota is an agricultural machinery manufacturer that offers a wide range of products. It also provides engineering, procurement, and construction services, as well as maintenance. Escorts is an Indian company that manufactures and sells agricultural machinery, construction equipment, and railway equipment. The regulator said that the Commission approves acquisition of certain additional equity shares of Escorts Limited by Kubota Corporation by way of preferential allotment. Escorts Limited, a leading engineering firm in India, is a preferred supplier of agricultural and construction equipment in the country. Escorts' presence in high-growth sectors such as agri-machinery, construction and material handling equipment, and railway equipment has helped India's socio-economic growth for seven decades. Escorts is dedicated to contributing to India's growth storey and bringing quality change to people's lives, thanks to in-house research and development centre and collaborations. Kubota is a large manufacturer of agricultural machinery for both rice and dry-land farming. Kubota water treatment technologies have helped Japan's water supply. For more than 131 years, Kubota has supported Japan's water infrastructure. Image Source Also read: CCI approves acquisition of equity in Escorts by Kubota Corp

Next Story
Infrastructure Transport

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

Next Story
Resources

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Next Story
Real Estate

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?