GREAVESCOT : GREAVES FINANCE APPOINTS MUKUL KANCHAN AS EXECUTIVE DIRECTOR & CEO

• Greaves Finance Ltd (GFL), wholly-owned NBFC subsidiary of Greaves Cotton, appoints Mukul Kanchan as Executive Director & CEO effective October 1, 2026, subject to approvals • Kanchan brings nearly two decades across lending, corporate finance, private equity and M&A; joins from Bengaluru-based Plum where he was CFO • Earlier spent six years at Clix Capital, playing a key role in its 2016 acquisition of GE Capital's India lending businesses; began career at D. E. Shaw Group and EY • Will lead scale-up of ev.fin, GFL's 100% EV-focused lending platform launched in 2023, serving electric two-wheeler customers across 86 cities • Focus areas include deepening ev.fin partnerships with EV OEMs such as Ampere, broadening the funding base and sharp credit discipline

Greaves Cotton Ltd

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