Greaves Cotton Limited has announced the opening of a special window for the re-lodgement of physical share transfer requests, effective from 5 February 2026 to 4 February 2027. This move is pursuant to a SEBI circular (HO/38/13/11(2)2026-MIRSD-POD/II/3750/2026) dated 30 January 2026, aimed at assisting investors whose transfer requests were originally submitted before 1 April 2019 but were returned due to documentation deficiencies.

The special window allows transferees to re-lodge requests provided they submit all prescribed documents. Shares processed during this period will be issued exclusively in dematerialized (demat) form via the transfer-cum-demat route. Additionally, these shares will be subject to a lock-in period of one year, during which they cannot be transferred, lien-marked, or pledged.

Eligibility Criteria

The applicability of the window depends on the execution date of the transfer deed and the availability of the original security certificate. The following table outlines the eligibility scenarios:

Exclusions

The company clarified that certain cases will not be considered under this window. These include disputes between the transferor and transferee, and securities that have already been transferred to the Investor Education and Protection Fund (IEPF).

Contact Information

Shareholders seeking further information or clarification can contact the company or its Registrar and Share Transfer Agent (RTA), KFIN Technologies Limited, at the provided addresses. The advertisement copies and relevant details are also available on the company's website under the Investors - Corporate Announcement section.

Greaves Cotton Limited has approved a further investment of approximately ₹50 Crores in its wholly owned subsidiary, Greaves Finance Limited, by subscribing to equity shares offered on a rights basis. The capital infusion is intended for general corporate purposes, business expansion, and on-lending activities by the subsidiary. This strategic financial move is scheduled for completion on or before June 5, 2026.

The transaction has been classified as a related party transaction conducted at arm's length. However, the company clarified that none of the promoters, promoter group, or other group companies hold any interest in Greaves Finance Limited. Consequently, there will be no change in the percentage of shareholding post-subscription, and the entity will continue to remain a wholly owned subsidiary of Greaves Cotton Limited.

Greaves Finance Limited, incorporated on December 31, 1958, operates as a Non-Banking Financial Company registered with the Reserve Bank of India. Its primary business involves retail vehicle financing, lending, and related solutions for prospective purchasers of electric 2-wheeler and 3-wheeler vehicles. Additionally, the subsidiary offers lease financing options to last-mile delivery and service aggregators within the retail e-vehicle financing industry.

The financial performance of Greaves Finance Limited has shown significant growth over the past three fiscal years. The entity reported a turnover of ₹39.52 Crores in FY 2025-26, up from ₹17.72 Crores in the previous fiscal year and ₹5.75 Crores in FY 2023-24. As on March 31, 2026, the net worth of the subsidiary stood at ₹103.63 Crores.

The investment will be made through cash consideration. No specific governmental or regulatory approvals are required for this acquisition, as per the disclosure submitted to the stock exchanges.

Financial Overview of Greaves Finance Limited