News Apr 01, 2020 Tractor major Kubota Corp to buy 10 per cent stake in Escorts Ltd Kubota Corporation, a leading global tractor and machinery manufacturer from Japan, will acquire 10 per cent 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.
News Mar 26, 2020 Tractor major Kubota Corp to buy 10 per cent stake in Escorts Ltd Escorts will issue and allot 12,257,688 equity shares through a preferential issue to Kubota at an issue price of Rs 850 per equity share.