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Escorts tractors will be expensive from November 21

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Escorts tractors will be expensive from November 21

New Delhi, Nov 15 (PTI) Agricultural and construction equipment company Escorts Ltd. It is going to increase the prices of its tractors from 21st November. The company is taking this step due to rising commodity prices.

It has been said in the information sent to the stock exchanges that the company’s division Escorts Agri Machinery (EAM) is going to increase the prices of its tractors from November 21. However, the company has not told how much this price increase will be.

The company, in a separate communication to the stock exchanges, said its board of directors will meet on November 18 to consider the proposal to raise funds by issuing bonds, debentures and non-convertible debt products etc.

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