Japan's Kubota to be in the driver's seat at Escorts
![](https://img.etimg.com/thumb/msid-87790723,width-1070,height-580,imgsize-105586,overlay-economictimes/photo.jpg)
Escorts will issue 9,363,726 equity shares at ₹2,000 each to Kubota on a preferential basis, making the Japanese firm a joint promoter of the company along with the existing promoters, the Nanda family.
via Economictimes
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