GREAVES COTTON LTD.

Greaves Cotton Ltd has announced that its Board of Directors will convene on October 29, 2026. The primary agenda item for this meeting is to consider and approve the unaudited financial results for both standalone and consolidated operations for the quarter and half-year ended September 30, 2026. Concurrently, the company has closed its trading window from October 1, 2026, to October 31, 2026, in compliance with its insider trading code.

Greaves Finance Limited (GFL), a wholly-owned subsidiary of Greaves Cotton Limited, has appointed Mukul Kanchan as its Executive Director & Chief Executive Officer, effective October 1, 2026. Kanchan brings nearly two decades of experience in lending, corporate finance, private equity, and M&A. He will lead GFL's growth phase, focusing on scaling its electric vehicle (EV) financing platform, ev.fin. This platform, launched in 2023, aims to provide tailored financing solutions for electric two-wheeler buyers and works with EV manufacturers and dealers across 86 cities. Kanchan's focus will be on deepening partnerships with EV OEMs, broadening the funding base, and building a scalable lending franchise with strong credit discipline.

Greaves Electric Mobility Limited, a subsidiary of Greaves Cotton Ltd, has significantly expanded its retail and service network by adding over 50 new Ampere Experience Centers across 15 states. This expansion doubles their network footprint to over 600 centers in just over a year, a key part of their aggressive growth strategy. The move aims to bring integrated product experience, sales, and dependable service closer to customers in priority markets, addressing the growing demand in India's electric two-wheeler market. The company also highlighted its product portfolio, including models like the Ampere Nexus EX+ and Magnus GMax, featuring advanced technology and battery warranties.

Greaves Electric Mobility, a subsidiary of Greaves Cotton Ltd, has launched the new Nexus EX+ electric scooter. The upgraded model features a 5 kW motor, offering improved acceleration and gradeability, and an IP65-rated water-resistant charger. It also includes IoT-enabled Intellipack for connected features via the Ampere Connect App. The Nexus EX+ is priced at INR 1,29,999, with the Intellipack variant at INR 1,35,999. The scooter is equipped with LFP battery technology, promising a long battery life of 2,00,000 km and a 5-year/75,000 km warranty.

Greaves Cotton Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from October 1st, 2026, until 48 hours after the announcement of the financial results for the quarter and half-year ended September 30th, 2026. This measure is standard practice to prevent potential insider trading during periods when sensitive financial information is being prepared and finalized.

Greaves Cotton's subsidiary, Greaves Electric Mobility (GEML), has launched the 'Ultimate Endurance Ride' for its Ampere Magnus GMax electric scooter. The ~4,000 km journey spans from Dong, Arunachal Pradesh, to Guhar Moti, Gujarat, testing the scooter's durability, reliability, and smart technology across diverse terrains and weather conditions over 15 days. This initiative aims to validate GEML's 'Built for Bharat' philosophy, showcasing the scooter's Next Gen LFP battery, dual frame chassis, and NxG.io smart technology. The ride will traverse 8 states, experiencing temperature variations and challenging landscapes, with key stops in Patna, Varanasi, and Jaipur for stakeholder engagement.

Greaves Cotton Limited has launched its new 12V15 750 HP Fire Fighting Engine at FSIE Expo 2026 in Mumbai. This high-power engine is designed for demanding firefighting applications and strengthens the company's Industrial Solutions portfolio. The launch aligns with India's growing demand for advanced firefighting equipment due to expanding urban infrastructure and increased focus on fire safety. Greaves aims to leverage its engineering expertise to provide specialized, mission-critical power solutions, reinforcing its strategic direction under GREAVES.NEXT to become a diversified engineering enterprise.

Greaves Cotton Limited has announced the completion of its acquisition of the remaining 20% shareholding in Excel Controlinkage Private Limited, taking its total ownership to 100%. This acquisition, effective August 13, 2026, makes Excel Controlinkage a wholly owned subsidiary. The move is part of Greaves Cotton's multi-tranche acquisition strategy initiated in 2023 and aligns with its diversification strategy, aiming to build businesses with differentiated engineering capabilities in India's evolving mobility and industrial ecosystem. Excel Controlinkage is a significant player in motion control systems, serving various sectors including commercial vehicles, construction equipment, and agriculture.

Greaves Cotton Ltd has successfully acquired the remaining 20% shareholding in its material subsidiary, Excel Controlinkage Private Limited, through a secondary route. This transaction, effective August 13, 2026, increases Greaves Cotton's aggregate shareholding to 100%, making Excel a wholly owned subsidiary. The acquisition aligns with Greaves Cotton's strategy to diversify into new product categories and strengthen its presence in the commercial vehicles sector, aiming to develop a complete mobility ecosystem. Excel Controlinkage is a significant player in mechanical and electronic motion control systems, with integrated manufacturing capabilities.

Greaves Electric Mobility, a subsidiary of Greaves Cotton Ltd, has launched an upgraded version of its popular electric scooter, the Ampere Magnus G Max. The new model boasts over 30 IoT-enabled features powered by the NxG.io software platform, enhancing rider convenience and safety. Key additions include Cruise Control, Hill Hold Assist, Turn-by-Turn Navigation, and advanced connectivity features like Find My Scooter and Ping My Scooter, accessible via the Ampere Connect App. The scooter also introduces a new Cinnamon Copper color option and is priced at INR 1,09,999. The upgrade aims to make electric mobility a more practical and attractive choice for everyday riders in India, complementing the scooter's existing performance, LFP battery technology, and long-term ownership benefits.