EKI Energy Services' associate sets up manufacturing unit at Nashik; Stock tumbles 5%

6 Apr 2022 , 01:57 PM

GHG Reduction Technologies Private Limited, an associate Company of the EKI Energy Services Limited (“EKIESL”), has setup a new manufacturing unit of Improved Cook Stove (“ICS”) at Nashik in the state of Maharashtra, with an existing manufacturing capacity of 1.2 million per year, the same will enhance upto 3 million ICS in a phase manner.

Further, the facility has commenced the production from April 04, 2022, informed the company in a regulatory filing,

At around 1:58 PM, EKI Energy Services was trading at Rs7417.30 per piece lower by 5% on the BSE.