Greaves Cotton Ltd

The board approved subscribing to the company's full entitlement in the rights issue, involving an investment of up to Rs 331 crore. Greaves Cotton said the proposed investment underscores its continued commitment to Greaves Electric Mobility and reflects confidence in the subsidiary's growth strategy. The capital infusion is expected to support GEML's efforts to strengthen its position in India's rapidly evolving electric mobility market. Parag Satpute, managing director (MD) & Group CEO, Greaves Cotton, said: Our proposed investment in Greaves Electric Mobility reflects our conviction in the long term opportunity presented by India's transition to sustainable mobility. Backed by a strong balance sheet, healthy cash position and our disciplined capital allocation approach, we continue our focus on the broader Greaves Next growth journey. Greaves Cotton (GCL), also known as Greaves, is a diversified, multi-product, multi-fuel, and multi-location engineering company. Through its five independent business units'Greaves Engineering, Greaves Electric Mobility, Greaves Retail, Greaves Finance, and Greaves Technologies'Greaves combines agility with strategic focus, delivering innovation and enhancing accessibility for consumers. The company's consolidated net profit declined 6.28% to Rs 22.54 crore in Q4 FY26 from Rs 24.05 crore in Q4 FY25. Revenue from operations jumped 21.56% YoY to Rs 1000.26 crore in Q4 FY26. Powered by Capital Market - Live

GITFZE has been incorporated with the primary objective of engaging in international trading and distribution activities of products and services offered by the company. This strategic expansion is aimed at strengthening the company's global market presence, optimising its international supply chain, and driving business growth in overseas markets. Greaves Cotton will hold 100% of the share capital of the newly incorporated subsidiary. Greaves Cotton (GCL), also known as Greaves, is a diversified, multi-product, multi-fuel, and multi-location engineering company. Through its five independent business units'Greaves Engineering, Greaves Electric Mobility, Greaves Retail, Greaves Finance, and Greaves Technologies'Greaves combines agility with strategic focus, delivering innovation and enhancing accessibility for consumers. The company's consolidated net profit declined 6.28% to Rs 22.54 crore in Q4 FY26 from Rs 24.05 crore in Q4 FY25. Revenue from operations jumped 21.56% YoY to Rs 1000.26 crore in Q4 FY26. The counter declined 3.41% to end at Rs 205.25 on Tuesday, 23 June 2026. Powered by Capital Market - Live

Greaves Cotton announced that the Annual General Meeting(AGM) of the company will be held on 4 August 2026.

Greaves Cotton has fixed 28 July 2026 as record date for determining the members eligible to receive dividend of Rs. 2/- per equity share of face value Rs. 2/- each, for the financial year ended on 31 March 2026.

Greaves Cotton has approved a further investment of approximately Rs. 50 crore in its wholly owned subsidiary, Greaves Finance, by way of subscription to the equity shares offered on a rights basis.

Net profit of Greaves Cotton declined 6.28% to Rs 22.54 crore in the quarter ended March 2026 as against Rs 24.05 crore during the previous quarter ended March 2025. Sales rose 21.56% to Rs 1000.26 crore in the quarter ended March 2026 as against Rs 822.83 crore during the previous quarter ended March 2025. For the full year,net profit rose 83.46% to Rs 107.14 crore in the year ended March 2026 as against Rs 58.40 crore during the previous year ended March 2025. Sales rose 17.76% to Rs 3436.62 crore in the year ended March 2026 as against Rs 2918.44 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1000.26822.83 22 3436.622918.44 18 OPM %6.825.56 -6.964.65 - PBDT71.2952.10 37 263.04174.11 51 PBT43.6126.83 63 154.2570.63 118 NP22.5424.05 -6 107.1458.40 83 Powered by Capital Market - Live

Greaves Cotton announced that the Board of Directors of the Company at its meeting held on 6 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

Greaves Cotton will hold a meeting of the Board of Directors of the Company on 6 May 2026.

Following the recommendation of the Nomination and Remuneration Committee and Audit Committee, the company has approved the appointment of Manish Poddar as Group Chief Financial Officer and Key Managerial Personnel, effective the same date. Poddar brings over 25 years of experience in finance, treasury, investor relations, governance, and strategic business partnering. He has previously served as CFO of GMM Pfaudler and GreenCell Mobility, and held senior finance leadership roles at Diversey India Hygiene, Ranbaxy/Sun Pharmaceutical Industries, and Louis Dreyfus India. He is a Chartered Accountant, holds an Executive MBA in Finance, and a Bachelor's degree from the University of Delhi. Greaves Cotton (GCL), also known as Greaves, is a diversified, multi-product, multi-fuel, and multi-location engineering company. Through its five independent business units'Greaves Engineering, Greaves Electric Mobility, Greaves Retail, Greaves Finance, and Greaves Technologies'Greaves combines agility with strategic focus, delivering innovation and enhancing accessibility for consumers. The company's consolidated net profit jumped 22.53% to Rs 25.50 crore on 16.63% increase in net sales to Rs 875.47 crore in Q3 FY26 over Q3 FY25. Powered by Capital Market - Live

The board of Greaves Cotton at its meeting held on 13 March 2026 has accepted the resignation of Akhila Balachandar from the position of chief financial officer with effect from 19 March 2026. The board also approved the appointment of Manish Poddar as the group chief financial officer of the company with effect from 19 March 2026. Powered by Capital Market - Live