Please find enclosed herewith Press Release issued by Greaves Electric Mobility Limited, subsidiary of the Company, with the heading 'Greaves Electric Mobility''s Rights Issue offer of ....

Filed: 03 Aug 2026, 10:12 IST Exchange: BSE Category: Corporate Action — Rights Issue

Greaves Electric Mobility Limited's INR 530 Cr rights issue fully subscribed by existing shareholders including Greaves Cotton and Abdul Latif Jameel Green Mobility Solutions. The capital infusion supports growth in next-gen products, battery management, power trains, and technology development. GEML remains committed to a future public listing subject to market and regulatory conditions. The investment reflects strong confidence in GEML's growth and India's clean mobility transition.

Source: Original filing PDF — view on exchange portal

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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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Important. The summary above is generated automatically from Greaves Cotton Limited's own public regulatory filing under SEBI LODR. Indian Stock Alerts is not a SEBI-registered Research Analyst or Investment Adviser. This page is informational, not investment advice, a recommendation to buy or sell any security, or any opinion about the company's business, governance or financial health. Always read the original filing before acting and consult a registered adviser for investment decisions.