Please note that a meeting of the Board of Directors ("Board") of Escorts Limited ("Company") is scheduled to be held on February 18, 2022, to inter alia, consider:-
allotment of equity shares to Kubota Corporation by way of preferential allotment; and
the draft scheme of capital reduction proposing selective reduction of the issued, subscribed and paid-up equity share capital of the Company by cancelling and extinguishing all the remaining equity shares held by the Escorts Benefit and Welfare Trust ("EBWT") without payment of any consideration to EBWT.
This is to further inform you that as per the Company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders' ("Code of Conduct"), framed in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 as amended from time to time, we wish to inform you that the trading window for dealing in securities of the Company will remain closed for all the connected persons/ officers/ designated persons/ designated employees and their immediate relatives/ insider and directors of the Company, including but not limited to the persons specified in the Code of Conduct from February 16, 2022, till the end of 48 hours from the conclusion of the Board Meeting i.e., till February 20, 2022, both days inclusive.
Escorts Ltd. published this content on 15 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2022 16:56:07 UTC.
Escorts Kubota Limited is an India-based engineering company. The Company is primarily engaged in the business of manufacturing of agricultural tractors, engines for agricultural tractors, construction, earth moving and material handling equipment, round and flat tubes, heating elements, double acting hydraulic shock absorbers for railway coaches, center buffer couplers, automobile shock absorbers, telescopic front fork & McPherson struts, brake block, internal combustion engines and all types of brake used by railways. It also trades in oils & lubricants, implements, trailers, tractors, compressor accessories and spares, construction, earth moving and material handling equipment. The Companyâs segments include Agri machinery, Construction equipment, Railway equipment and Others. It manufactures Agri-equipment, like tractors, combines, planters, sprayers, and tillage solutions. The Construction equipment segment offers a range of construction and material handling equipment support.
ESCORTS KUBOTA LIMITED 
