Elgi Equipments Limited — Important, 31-10-2024: General Updates

Elgi Equipments Limited announced that its wholly owned subsidiary, Elgi Compressors USA Inc, will divest its entire stake in Compressed Air Solutions of Texas LLC to its existing joint venture partner. The transaction's expected closure has been delayed beyond the original October 31, 2024 date due to unforeseen circumstances. Further disclosures will be made once the transaction is finalized.