Acquisitions24 Jun 2026, 09:40 pm
Elpro International Acquires Greaves Cotton Shares for ₹5 Cr
AI Summary
Elpro International Ltd has acquired equity shares of Greaves Cotton Limited for a cash consideration of ₹5.00 Crores. This acquisition, classified as an investment, involves 2,31,215 equity shares. Greaves Cotton Limited is a diversified engineering company with a legacy of 165 years, operating in the Compressors, Pumps & Diesel Engines industry. The consolidated turnover of Greaves Cotton for FY 2025-26 was ₹3,486.61 Crores. This move is part of Elpro International's investment strategy.
Key Highlights
- Elpro International acquired Greaves Cotton shares for ₹5 Crores.
- The acquisition is classified as an investment.
- Greaves Cotton operates in Compressors, Pumps & Diesel Engines.
- Greaves Cotton reported FY26 turnover of ₹3,486.61 Crores.
- The transaction was made for cash consideration.
Price Impact
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