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Greaves Cotton is engaged in manufacturing of engines, engine applications and trading of power tillers, spares related to engines, electric vehicles and infrastructure equipment etc.(Source : 202003 Annual Report Page No:98)
Greaves Cotton Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "Greaves Cotton Unveils 750 HP Fire Fighting Engine at FSIE Expo 2026".
Greaves Cotton completed the full acquisition of Excel Controlinkage, making it a wholly-owned subsidiary. This strengthens its motion control systems business, diversifies the portfolio, and is a margin-accretive move, bolstering its Greaves.Next strategy.
Greaves Electric Mobility (subsidiary) upgraded its Ampere Magnus G Max scooter. It now features 30+ IoT-enabled smart functions like Cruise Control, Hill Hold, and Turn-by-Turn Navigation. Priced at INR 1.10 Lakh, it offers a smarter, feature-rich EV experience.
Greaves Cotton's consolidated revenue rose 31% to ₹974 Cr in Q1. Growth was driven by international expansion (Dubai subsidiary) and strategic investments in Greaves Electric Mobility (₹331 Cr rights issue) and Greaves Finance (AUM ₹560 Cr). Electric mobility volumes significantly increased.
Greaves Electric Mobility, a subsidiary, successfully raised INR 530 Cr via a fully subscribed Rights Issue. This capital, backed by existing shareholders, will accelerate GEML's next-gen product development and technology growth in the competitive EV market.