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Escorts Kubota Ltd - 500495 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Company published the unaudited financial results for the quarter and half year ended September 30, 2022. in the following newspapers dated November 5, 2022: 1. Economic Times (English) - Delhi and Mumbai Edition 2. Financial Express (English) - Delhi and Chandigarh Edition 3. Rashtriya Sahara (Hindi) - Delhi and Chandigarh Edition 4. Mint (English) - Delhi and Chandigarh Edition. The above is for your kind information and records.
05-11-2022
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Escorts Kubota Ltd - 500495 - Statement Of Deviation Or Variation In The Use Of Proceeds Of Preferential Issue For The Quarter Ended September 30, 2022

 Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds from the objects stated in the Letter of Offer for Preferential issue of the Company. A statement of deviation, stating that there is no deviation or variation in the utilisation of these proceeds, duly reviewed by the Audit Committee, is attached.
04-11-2022
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Escorts Kubota Ltd - 500495 - Weblink Of Audio Recording

 The audio recording of the conference call held on November 4, 2022, for discussing the earning performance of the quarter and half year ended September 30, 2022, has been uploaded on the Company's website at the below link: https://www.escortsgroup.com/investors/financials.html?view=list
04-11-2022
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Escorts Kubota Ltd - 500495 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the information, received from the shareholders of the Company, as detailed out in the letter dated November 04, 2022, issued by the Registrar and Share Transfer Agent (RTA) of the Company i.e. KFin Technologies Limited, regarding loss of share certificate(s) aggregating to 460 (Four Hundred and Sixty) equity shares of the Company.
04-11-2022
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Escorts Kubota Ltd - 500495 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment

 Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform that the Board of Directors of the Company has approved, inter-alia, the following at its meeting held on November 04, 2022: To sell, 7,27,65,000 fully paid-up equity shares of Rs. 10/- each of Tadano Escorts India Private Limited (TEIPL), which constitute 49% stake held by the Company in TEIPL, a joint venture between the Company and Tadano Limited, Japan (Tadano), to Tadano, at Rs. 0.01 Cr and to execute the requisite agreement(s)/ document(s). The requisite details as specified in Para A of Part A of Schedule III of the SEBI Listing Regulations read with the SEBI Circular attached as Annexure-II.
04-11-2022
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Escorts Kubota Ltd - 500495 - Announcement under Regulation 30 (LODR)-Acquisition

 Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform that the Board of Directors of the Company has approved, inter-alia, the following at its meeting held on November 04, 2022: (A) To purchase Rough Terrain (RT) Crane Business and the associated equipment and parts (including spare parts) from Tadano Escorts India Private Limited (TEIPL) for lumpsum consideration of Rs 16.59 Cr. by way of slump sale on a going concern basis. The requisite details as specified in Para A of Part A of Schedule III of the SEBI Listing Regulations read with the SEBI Circular attached as Annexure-I.
04-11-2022
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Escorts Kubota Ltd - 500495 - Outcome Of The Board Meeting Of Escorts Kubota Limited Pursuant To Regulation 30 And Unaudited Financial Results Pursuant To Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 Pursuant to Regulations 30 and 33 of the SEBI Listing Regulations, please note that the Board in its meeting held today i.e. November 4, 2022 has approved, inter-alia, the Unaudited Financial Results (Standalone and Consolidated) for the quarter and Half Year ended September 30, 2022 and Limited Review Report thereon. Please find enclosed herewith the following: 1. Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2022. 2. Limited Review Report 3. Press Release 4. Earning Presentation
04-11-2022
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Q2FY23 Quarterly Result Announced for Escorts Kubota Ltd.

 Commercial vehicles company Escorts Kubota announced Q2FY23 results: Q2FY23 Standalone Profit before exceptional items & Tax at Rs. 191.5 crore. Tractor volumes are up by 12.5% at 23,703 units Domestic tractor volume are up by 12.9% at 21,396 units Export tractor volumes are up by 8.7% at 2,307 units, the highest ever in any quarter Construction Equipment volumes at 917 units Standalone EBIDTA at Rs.152.7 crore Standalone Net Profit at Rs. 87.7 crore Speaking on the results, Chairman and Managing Director Mr. Nikhil Nanda said, "There has been a positive momentum across businesses, and we expect it to continue. Overall macroeconomic factors and farmer sentiments remain positive led by above normal monsoon and the onset of an early festive season which will favourably support Agribusiness. With the increasing flow of Government investments in infrastructure development, the demand for construction equipment is likely to be good. Our broad product line in the railway business has been garnering good order booking and we expect a strong fiscal ahead. We also hope that various government actions will help in stabilizing inflation to support the economy at large, propelling the country's overall growth and development." As per Deputy Managing Director, Mr. Seiji Fukuoka, "With strategic focus and integrated strength of Escorts Kubota Limited, various initiatives will catapult overall business growth and bring in better operational efficiency. India is a growing economy, and we operate in core sectors of growth, thus there is immense opportunity· to be leveraged across businesses. There has been a positive trend and we expect it to get stronger with innovative product line ahead." Result PDF
04-11-2022
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Escorts Kubota Ltd - 500495 - Board Meeting Outcome for Outcome Of The Board Meeting Of Escorts Kubota Limited Pursuant To Regulation 30 And Unaudited Financial Results Pursuant To Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 Pursuant to Regulations 30 and 33 of the SEBI Listing Regulations, please note that the Board in its meeting held today i.e. November 4, 2022 has approved, inter-alia, the Unaudited Financial Results (Standalone and Consolidated) for the quarter and Half Year ended September 30, 2022 and Limited Review Report thereon. Please find enclosed herewith the following: 1. Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2022 2. Limited Review Report 3. Press Release 4. Earning Presentation
04-11-2022
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Escorts Kubota Ltd - 500495 - Intimation Of Interaction With Media

 In compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company will be interacting with Various Media Agency as details enclosed.
03-11-2022
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