<h1>CCI Approves Kubota's 10% Stake in Escorts; Escorts to Hold 40% in Kubota Agricultural Machinery India.</h1> The Competition Commission of India has approved the acquisition involving Escorts Limited and Kubota Corporation. Kubota will acquire 9.09% of Escorts' share capital, which will become 10% after Escorts completes its capital reduction process. Additionally, Escorts will acquire a 40% stake in Kubota Agricultural Machinery India Private Limited, resulting in a 60-40% shareholding between Kubota and Escorts. Kubota, a Japanese company, manufactures agricultural machinery and provides various engineering services. Escorts, an Indian public limited company, is involved in manufacturing and selling agricultural machinery, construction equipment, and railway equipment. A detailed order from the CCI will be issued later.