10-Jul-2026 11:45:07
GREAVESCOTExpansion
GREAVES COTTON : PROPOSED RS 331 CRORE RIGHTS ISSUE SUBSCRIPTION
• Greaves Cotton Limited to fully subscribe its entitlement in the proposed rights issue of its material subsidiary, Greaves Electric Mobility Limited (GEML) • The proposed investment aggregates up to approximately ₹331 crore • The investment reflects Greaves Cotton's continued commitment to GEML and its confidence in India's evolving electric mobility landscape • Parag Satpute, MD & Group CEO, stated the investment reflects conviction in India's transition to sustainable mobility
Greaves Cotton Limited
Open attachment