GREAVES COTTON LTD.

Greaves Electric Mobility, a subsidiary of Greaves Cotton Ltd, has launched its new electric scooter, the Reo VYB, priced at an introductory ₹69,499. This entry-level E2W is designed for urban commuters and first-time EV buyers, featuring an LFP battery for enhanced safety, a true range of up to 80 km, and a top speed of 25 kmph. The Reo VYB offers 24 liters of storage, a color LCD digital cluster, keyless start, and comes with a 3 Years/30,000 Kms warranty. This launch expands Ampere's portfolio and aims to cater to the growing demand for sustainable and affordable mobility solutions in India's evolving urban landscape.

Greaves Cotton Limited has approved a further investment of approximately ₹50 Crores in its wholly-owned subsidiary, Greaves Finance Limited (GFL), through a rights issue. GFL, incorporated in 1958, is a Non-Banking Financial Company focused on retail e-vehicle financing. This cash investment will be utilized by GFL for general corporate, business, and on-lending purposes. The transaction is a related party transaction, conducted at arm's length, and is expected to be completed by June 5, 2026. GFL's turnover was ₹39.52 Crores and net worth ₹103.63 Crores as of March 31, 2026.

Greaves Electric Mobility's Ampere Magnus G Max has been awarded 'Family Scooter of the Year' at the Times Drive Auto Summit and Awards 2026. Launched in January 2026, the Magnus G Max features a certified range of 142 km, LFP battery technology, 33L boot space, and is designed for Indian road conditions. The scooter is built on a dual-frame chassis with an IP67-rated LFP battery, offering a 5-year/75,000 km warranty. It includes features like a 3 kWh LFP battery, multiple riding modes, and a digital display.

Greaves Cotton Ltd reported a 22% YoY growth in Q4 FY26, with consolidated revenue of ₹1000 crore and standalone revenue of ₹698 crore. For FY26, consolidated revenue reached ₹3437 crore, an 18% increase YoY, while standalone revenue stood at ₹2365 crore, up 19% YoY. The company's international business contributed 13% to its Energy, Mobility & Industrial businesses. E-2W VAHAN registrations for Greaves Electric Mobility reached 61,597 units in FY26, a 51% annual growth.

Greaves Cotton Ltd's Board of Directors, in a meeting held on May 6, 2026, approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board recommended a dividend of ₹2 per share (100%) on the face value of ₹2 each for the financial year ended March 31, 2026. The dividend, if approved by shareholders, will be payable within 30 days from the date of the Annual General Meeting.

Greaves Cotton Ltd's board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company reported revenue from operations of ₹2,364.56 Cr and a profit after tax of ₹200.07 Cr for the financial year ended March 31, 2026. The board also recommended a dividend of ₹2 per share (100%) on the face value of ₹2 each for the financial year ended March 31, 2026.

Greaves Cotton Ltd's board approved the audited standalone and consolidated financial results for the year ended March 31, 2026. The board recommended a dividend of ₹2 per share (100%) on the face value of ₹2 each. The standalone financial results show a profit after tax of ₹200.07 Cr for the year ended March 31, 2026, compared to ₹185.87 Cr in the previous year.

Greaves Cotton Ltd has announced the grant of up to 3,39,229 stock options under its Employee Stock Option Plan 2024 (ESOP 2024). The grant was approved by the Nomination and Remuneration Committee of the Board of Directors on May 5, 2026. These options are granted in accordance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The exercise price is ₹2 per option, and they can be exercised within 8 years from the vesting date.

Greaves Cotton Ltd has appointed Mr. Vinay Pawar as Group Chief Technology Officer (CTO) effective May 4, 2026. Mr. Pawar brings nearly three decades of experience in automotive electronics, industrial automation, connected mobility, embedded systems, and emerging mobility technologies. He previously held senior leadership roles at Spark Minda Group and has worked with companies like KPIT Technologies, Continental Automotive, Bosch, and ABB.

Greaves Cotton Ltd has scheduled a Board of Directors meeting on May 6, 2026, to consider and approve the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026. The board will also consider recommending a dividend, if any, for the financial year ended March 31, 2026. The trading window for dealing in the company's shares is closed from April 1, 2026, to May 8, 2026.