Elgi Equipments Ltd
NSE: ELGIEQUIP BSE: 522074
₹562.05
+29.65 (5.57%)
Sat, 07 Nov 2026, 00:14 pm
Market Cap (in Cr)16888.08
PE Ratio39.71
Dividend0.51
Producer Manufacturing
Industrial Machinery
24.5KElgi Equipments Ltd Company History
1960
- Elgi Equipments Ltd. was incorporated as a private limited Company in 1960.
1975
- The company was converted into a Public Limited Company in January 1975.
1995
- The Company issued 10,00,000 tradable equity warrants to the 12-per cent NCD holders on rights basis in December 1995.
2000
- Elgi Equipments proposes to sub-divide its face value of equity shares.
- It also plans to alter certain clauses of Memorandum and Articles of Association.
- Elgi Equipments Ltd. has recommended a 1:1 bonus, the fifth in its history.
- Crisil has reaffirmed the A+ rating assigned to the Rs 10 crore non convertible debenture issue of Elgi Equipments.
- Trading in 16 per cent non-convertible debentures series-N1 of Elgi Equipments Ltd. shall be suspended effective from August 23, on account of part-redemption to the extent of Rs 16.
- The Company has tied up with Snap-on Technologies, of USA to provide comprehensive service station solutions.
- The Company, a major manufacturer of air compressors and service station equipment, has entered into technical collaborations with Hitachi to produce oil-free air compressors in the country.
- The Company also tied-up with Samsung Techwin Co. Ltd., an affiliate of the South Korean Samsung group, to bring to India its centrifugal compressor.
2001
- The Company has sub-divided the equity shares of Rs 10 each into equity shares of Rs 1 each and on September 1, 2000, bonus shares in the ratio of one equity share for every share held were allotted.
2003
- Showcases its smallest air compressor at the Hannover fair in Germany.
- BOD voluntarily takes decision to delist the company's equity shares from Madras Stock Exchanges.
- Mr P Vanchinathan gives resignation as the Company Secretary and BOD appoints Mr S Ramachandran as Manager Accounts and Secretarial as the Compliance officer of the company.
- Members approve for the acquisition of M/s Adisons Precision Instruments Manufacturing Co. Ltd, a wholly owned subsidiary of the company.
- Mr N C Ramachandran, the Director of the company expires.
- Ties up with US based Fortune 500 company.
- Wins an order for the supply of Oil-free screw compressor from Gujarat Mineral Development Corporation for its thermal power plant.
- Due to the demise of Mr N C Ramachandran, Director on August 17, 2003 the Board has appointed Dr. Ganesh Devaraj as Additional Director.
2004
- Elgi Equipments Ltd has informed that the company's shares are voluntarily delisted from the Madras Stock Exchange (MSE) wef January 7, 2004.
2005
- Elgi Equipments Ltd has secured orders from two steel plants for supply of centrifugal air compressors valued at Rs 3.2 crore
2006
- Hanuman Borewells, of Hyderabad, has chosen Elgi's rugged airends as a replacement for Kirloskar's screw compressor for blast drilling application.
- Elgi is awarded the 'preferred vendor' status to manufacture automotive service equipment for the Indian defence establishment.
- The international textile machinery exhibition IGATEX was opened at Karachi Expo Centre.
2007
- Elgi Equipments Board declares interim dividend.
2008
- Elgi compressors power siemens gas turbine.
- The Leading garage Equipment manufacturer is all set to lunch a range of new.
2009
- Elgi compressors powering Bangla mills.
- Elgi Equipments firm on 'Going global' mission.
2010
- Elgi Equipments has acquired Belair of France, a company engaged in assembly, sales and service of industrial compressors, piping, fittings and accessories.
- Elgi Equipments Board approves 1:1 bonus issue.
- Elgi Equipment sees good sales growth.
2011
- Company has incorporated a wholly owned subsidiary in Australia under the name and style of ELGI EQUIPMENTS AUSTRALIA PTY LTD.
2012
- The Company has acquired 100% of Rotair S.p.a.
- Elgi Equipmnt - Acquisition of Patton's Inc. in USA by Elgi Equipments Ltd.
- Elgi Equipement buys Italian Company.
2013
- Elgi Equipments has recommended a dividend of Re. 1/- per share (100%)
2014
- Elgi Equipments has recommended a dividend of Re. 1/- per share [100%].
- Elgi Equipments has signed a partnership with textile machinery manufacturer Voltas Limited for selling Elgi air compressors and accessories to the Indian textile sector.
2015
- Acquisition by way of purchase of the entire share capital of M/s Ergo Design Private Limited
- ELGI EQUIPMENTS LIMITED, Asia's largest air compressor manufacturer, conducted a seminar on energy savings at Spree Shivai Hotel, Pimpri
- ELGi presents case study on Cost Optimization and wins first place
- Inauguration of ELGi Dealer's Sales office at Tiruchengode
- Borewell Rig Compressors launch at Hyderabad
2018
- Elgi Equipments Limited has approved the acquisition of 100% shareholding and control of F.R.Pulford & Son Pty Limited.
- ELGi's Interactive session on Compressed Air Systems with its Rice and Dal customers
2019
- Elgi Equipments Announce Acquisition of Michigan Air Solutions LLC, USA.
- Elgi Equipments, one of the world's leading air-compressor manufacturers has launched its direct drive reciprocating air compressor.
2020
- Elgi Equipments Limited announced bonus shares in the ratio of 1 : 1
- Elgi Equipments Limited Resuming of production at Company's Manufacturing Facilities.
2021
- Elgi Partners With Nasscom Futureskills Prime To Build Vital Digital Skills For The Future Of Work.
- ELGi North America Extends Package Warranty to Five Years.
- ELGi partners with the Italian Red Cross to maintain critical COVID-19 response vehicles.
2022
- ELGi introduces intelligent, energy-efficient LD Series two- stage, direct drive, duplex compressor with controller at INTEC 2022.
- ELGi introduces the 'LD Series' direct-drive reciprocating air compressors in Europe.
- ELGi launches two high performance, energy-efficient Portable air compressors.
2023
- ELGi partners with Digi-Bridge to promote STEAM education.
- ELGi introduces All-Women Production Lines at the ELGi Air Center.
- ELGi to Launch the New GP 35FP Portable Air Compressor at CONEXPO-CON/AGG 2023.
2024
- ELGi Donates Air Compressor to those seeking another chance at The Other Side Academy.
- ELGi unveils PG 850S-290 portable compressor at bauma CONEXPO INDIA 2024.
- ELGi introduces the EG Super Premium range of Oil-Lubricated Screw Air Compressors.
- ELGi announces multi-year technology licensing agreement with D.V.P. Vacuum Technology S.p.A., Italy.
