Greaves Cotton Limited , a diversified engineering company, has announced a significant change in its senior management team. The company has appointed Swarnendu Jha as Vice President – Energy Solutions, effective September 22, 2025.

New Appointment and Organizational Changes

Swarnendu Jha brings over 26 years of experience in the power generation industry to his new role at Greaves Cotton. His appointment marks a strategic move for the company's energy solutions division.

In light of this new appointment, the company has also announced that Abhijit Joshi, who currently serves as Head of Marketing and Sales, will report to Jha. Consequently, Joshi will no longer be classified as Senior Management Personnel under the SEBI (Listing Obligations and Disclosure Requirements) Regulations.

Swarnendu Jha's Professional Background

Jha's extensive experience in the power generation sector includes tenures with several leading organizations:

• Kirloskar Oil Engines Limited
• Cummins Generator Technologies India Pvt. Ltd.
• Cummins India Limited
• Power HF India
• Kohler Power Systems
• Greaves Cotton Limited
• MAR Al Bahar (Caterpillar Distributor in GCC)

Educational Qualifications

Swarnendu Jha holds a Bachelor of Engineering in Mechanical from SES College of Engineering, University of Pune. He has further enhanced his expertise with a PG Diploma in Sales & Marketing from Symbiosis Centre for Distance Learning, Pune.

Implications for Greaves Cotton

This appointment comes as Greaves Cotton continues to strengthen its position in the energy solutions market. Jha's extensive experience and educational background in both engineering and marketing suggest that the company is focusing on enhancing its technical capabilities while also potentially expanding its market presence in the power generation sector.

The reorganization, which includes changes in reporting structures and senior management classifications, indicates that Greaves Cotton is aligning its leadership team to meet evolving business needs and regulatory requirements.

As the energy sector continues to evolve, particularly with increasing focus on sustainable and efficient power solutions, Jha's appointment may signal Greaves Cotton's intent to capitalize on new opportunities in this dynamic market.

Greaves Cotton , through its subsidiary Greaves Electric Mobility, has launched its latest offering in the electric two-wheeler market - the Ampere Magnus Grand. This new electric scooter aims to redefine urban mobility with advanced features and enhanced performance.

Key Features and Pricing

The Ampere Magnus Grand comes with a host of impressive features:

• Advanced Battery Technology: The scooter is equipped with a Lithium Ferro Phosphate (LFP) battery, backed by a substantial 5-year or 75,000 km warranty.
• Stylish Design: Available in two premium dual-tone colors - Matcha Green and Ocean Blue - with gold finish badging.
• Enhanced User Experience: Features include a refreshed digital display, strengthened grab rail, and advanced braking technology.
• Family-Friendly: Spacious seating designed for comfortable family use.
• Competitive Pricing: Introductory price set at ₹89,999.00 (ex-showroom).

Technological Advancements

The Magnus Grand builds upon the success of its predecessor, the Magnus Neo. It incorporates several technological improvements aimed at enhancing the overall riding experience:

• Durability: The LFP battery is designed for extended life, promising twice the longevity compared to conventional batteries.
• Safety: Advanced braking technology to improve rider confidence in urban traffic conditions.
• Comfort: Ergonomically designed with a focus on family use, featuring a strengthened grab rail and spacious seating.

Market Position and Company Vision

Vikas Singh, Managing Director of Greaves Electric Mobility, emphasized the company's commitment to redefining urban mobility. He stated, "The Magnus Grand represents a significant leap forward for Greaves by aiming to redefine urban mobility by combining technology with user-centric design."

Ampere, with its 17 years of experience in electric mobility, has already served over 300,000 riders. The company is targeting to impact a billion lives by 2030 as part of its sustainable mobility transition goals.

Greaves Cotton Limited: A Legacy of Innovation

Greaves Cotton Limited, the parent company of Greaves Electric Mobility, boasts a rich history of 165 years in engineering. The company has successfully transformed from a single-cylinder diesel engine manufacturer to a diversified, multi-product, and multi-location engineering company.

Greaves is building a digitally integrated ecosystem connecting consumers, business partners, and service providers across the entire mobility value chain. The company's five independent business units - Greaves Engineering, Greaves Electric Mobility Ltd., Greaves Retail, Greaves Finance Ltd., and Greaves Technologies Ltd. - work in synergy to drive innovation and enhance accessibility for consumers.

The launch of the Ampere Magnus Grand electric scooter marks another milestone in Greaves' journey towards sustainable and accessible urban mobility solutions. As the electric vehicle market in India continues to grow, Greaves Electric Mobility is positioning itself as a key player in shaping the future of transportation in the country.