Elgi Equipments Limited
Wasatch sold 1,50,000 shares of Elgi Equipments for ₹7.84 crore at ₹522.95 apiece in an open market transaction, decreasing its stake from 3.19% to 3.15%.
A manufacturer and supplier of air compressors and automotive equipment, Elgi Equipments operates through a diversified portfolio serving industrial, commercial, and automotive sectors across India and globally. Established in 1960, the company designs and produces compressed air systems, pumps, diesel engines, and related machinery while providing comprehensive after-sales service support to its customers. The company maintains a vertically integrated manufacturing operation with multiple facilities.
Salt Lake City-based active manager known for smallcap and emerging markets investing, with India focus.