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

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?