ELGI EQUIPMENTS LTD. - Announcement Under Reg 30 SEBI (LODR) - Divestment Of Joint Venture In USA

We hereby inform that the Company''s wholly owned subsidiary Elgi Compressors USA Inc in its Board meeting held on September 25, 2024, at 7.30 AM EST decided to divest its entire stake held in its Joint Ventur, Compressed Air Solutions of Texas LLC, to the existing joint venture partner