Escorts Kubota Limited launched the Kubota NeoStar series, a new range of compact and narrow tractors in the 21-30 HP segment, on May 28, 2026. The series includes a new 27HP narrow variant purpose-built for sugarcane and inter-row applications, alongside upgrades to existing tractors in the 21-27 HP range. Targeting high-potential horticulture clusters across Maharashtra, Karnataka, Madhya Pradesh, and Gujarat, the rollout aims to strengthen the company's presence in the fast-growing lower horsepower segment, which has grown around 35% over the last three years. The launch builds on Kubota's legacy and the trust of over 80,000 compact and narrow tractor customers in India.

The NeoStar series is engineered for higher productivity and operator comfort, featuring Power Steering and ECO PTO across all models for fuel-efficient operations. The range is offered in two configurations: a narrow variant with a true width of around 2.98 ft for sugarcane operations, and a compact tractor for vineyard and orchard usage. Escorts Kubota operates three tractor brands in India—Farmtrac, Powertrac, and Kubota—catering to entry-premium, value, and premium segments respectively, with the NeoStar positioned within the premium Kubota brand.

Product Details

Strategic Focus

Nikhil Nanda, Chairman and Managing Director, highlighted that the 21-30 HP compact segment has grown significantly, driven by horticulture mechanization, and the NeoStar range is designed to capture incremental share in these high-growth belts. Akira Kato, Deputy Managing Director, emphasized that the engineering brings Japanese technology to Indian farmers, focusing on farm productivity and reliability. Rajan Chugh, Chief Officer, Tractor Division, noted that the NeoStar narrow 27HP variant moves comfortably through narrow sugarcane rows without crop damage. The company informed the exchanges that the requisite disclosure was made pursuant to Regulation 30 and Para B(3) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Escorts Kubota Limited has issued a public notice regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) for dividends that have remained unclaimed for seven consecutive years or more. The company has requested concerned shareholders to claim their unclaimed dividends expeditiously to prevent the transfer of their shares to the IEPF authority. The notice specifically pertains to the final dividend declared on July 27, 2019, which has not been claimed by the eligible shareholders.

The company has stated that individual notices have been sent to the affected shareholders, and the full details, including names and folio numbers, have been uploaded on its website. Shareholders are required to claim their unclaimed dividends on or before August 26, 2026. If the company does not receive any communication from the shareholders by this date, it will proceed to transfer the shares to the demat account of the IEPF authority without further notice. Once transferred, no claim will lie against the company regarding these shares or dividends.

For shareholders holding shares in physical form, the company will issue new share certificates in lieu of the original ones, which will then stand cancelled and deemed non-negotiable. In the case of shares held in demat mode, the transfer will be executed through corporate action via the depositories to the IEPF authority's demat account. Shareholders may claim their shares back from the IEPF authority by following the prescribed procedure after the transfer is completed.

The notice was issued pursuant to Section 124(6) of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The advertisement regarding this transfer was published in the Financial Express (English) and Jansatta (Hindi) on May 28, 2026. The company's Board and Audit Committee reviewed the financial results on May 27, 2026.

Shareholders seeking clarification or wishing to claim their dividends can contact the company or its Registrar and Share Transfer Agent, KFin Technologies Limited. The contact details for both entities are provided below for shareholder assistance.