Elgi Equipments Limited (ELGIEQUIP.NS)

650.95 -0.95 (-0.15%) At close: 03:30PM IST

Elgi Equipments Limited

Elgi Industrial Complex III
Trichy Road Singanallur
Coimbatore 641005
India
91 42 2258 9555
https://www.elgi.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 1,258

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Jairam Varadaraj	CEO, MD & Executive Director	21.05M	N/A	1961
Mr. Bheemsingh Melchisedec	Director of Operations	N/A	N/A	N/A
Dr. K. Venu Madhav	Director of Technology	N/A	N/A	1972
Mr. Anvar Jay Varadaraj	Senior Manager of Marketing & Corporate Communications and Executive Director	4.64M	N/A	1986
Mr. R. Jayakanthan	Executive Officer	N/A	N/A	1964
Mr. Ramesh Ponnuswami	Executive Director of OSEA	N/A	N/A	1969
Mr. Chris Ringlstetter	President of Europe	N/A	N/A	N/A
Mr. Indranil Sen	Chief Financial Officer	N/A	N/A	N/A
Mr. Prasanna Venkatesan	General Manager of Finance & Accounts	N/A	N/A	N/A
Mr. Shyam Vasudevan	Vice President of Legal & Secretarial	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Elgi Equipments Limited manufactures and sells air compressors and related parts in India, Europe, Australia, the United States, and internationally. It operates through two segments: Air Compressors and Automotive Equipments. The company offers oil lubricated screw and piston air compressors, oil free piston and screw air compressors, rotary and reciprocating air compressors, diesel and electric portable air compressors, railway air compressors, heat recovery systems, and medical air compressors and vacuum pumps, as well as air accessories; air compressor parts, filters and separators, lubricants and fluids, and service kits; and air compressor services. It also involved in the trading of air compressors, nitrogen systems, and altitude training systems; manufacture and trading of automotive garage equipment, and vacuum pumps for medical applications; and provision of design services. The company serves manufacturing, textile, pharmaceutical, agriculture, mining, healthcare, automotive, and construction industries. Elgi Equipments Limited was incorporated in 1960 and is based in Coimbatore, India.

Corporate governance

Elgi Equipments Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.