Escorts Ltd. will temporarily and selectively shut down manufacturing operations this weekend

Faridabad, April 29th, 2021:- At Escorts, the safety, and health of our employees, and the wellness of our business ecosystem is of utmost importance. Considering COVID-19 spread escalation, as a precautionary measure, we will be temporarily shutting down our manufacturing operations, on a selective basis, between 1st May 2021 and 3rd May 2021. There will be no impact on fulfilling customer demand because of this as the Company has sufficient inventory at hand. The shutdown period shall be utilized for routine plant maintenance with employees in essential services present on a rotational basis.

About Escorts Limited:

Escorts Ltd (Powertrac Tractor, Farmtrac Tractor and Digitrac Tractor) is one of India's leading engineering conglomerates with over seven decades of experience. It has helped accelerate India’s socio-economic development through its presence across the high growth sectors of Agri-machinery, construction & material handling equipment, and railway equipment. The company has diversified its business into three different segments. Escorts Agri Machinery (EAM), Escorts Construction Equipment (ECE) & Railway Equipment Division (RED). The company is committed to excellence in engineering, innovation in products, development of market-relevant technologies and the highest of cost efficiencies to create value for its customers and shareholders.