Launched Optiqua
Optiqua Pipes and Electricals Private Limited (herein referred as OPEPL), a wholly-owned subsidiary of La-Gajjar Machineries Private Limited (Subsidiary of Kirloskar Oil Engines Limited), as per the consent of their Board of Directors has executed Joint Venture Agreement, Share Purchase Agreement including other deeds/documents with ESVA Pumps India Private Limited, Coimbatore, Tamilnadu (herein referred as ESVA) on 31st August 2021.
OPEPL will acquire a 49% stake in the equity share capital of ESVA. ESVA is engaged in the business of manufacturing different kinds of pumps used for commercial, agricultural and domestic purposes.