Greaves Cotton Limited (GREAVESCOT)
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Greaves Electric Mobility Limited, a material subsidiary of Greaves Cotton, will not proceed with its proposed IPO. The SEBI final observations on the Draft Red Herring Prospectus expired on May 7, 2026, and the company is undertaking a rights issue instead. It has declined the one-time extension of SEBI observation validity granted till September 30, 2026. Consequently, the IPO offer will not open for subscription.
Source: Original filing PDF
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🚨 GREAVESCOT — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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