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Escorts Ltd divests auto products business

Escorts Ltd announced the divestment of its OEM and export business of auto product division to Badve Engineering Ltd

Escorts Ltd divests auto products business

Escorts Ltd announced the divestment of its OEM and export business of auto product division to Badve Engineering Ltd, Pune in an all cash deal as a part of the planned strategic reorientation of the business to focus on core verticals in the agri machinery, construction equipment and railway equipment.