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

Greaves Cotton Limited will host a group plant visit for investors and analysts at its manufacturing facility in Chhatrapati Sambhajinagar on June 11, 2026. The event, scheduled as a full-day in-person interaction, aims to provide stakeholders with a closer look at the company's operations at the site.

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The schedule details the logistics for the upcoming engagement with the investment community.

The meeting is categorized as a group interaction, allowing multiple investors and analysts to participate simultaneously. The visit is subject to potential changes due to exigencies on the part of the investors or the company.

The company's registered office is located at J-2, MIDC Industrial Area, Chikalthana, Chhatrapati Sambhajinagar, while its corporate office operates out of Peninsula Business Park in Lower Parel, Mumbai.