Greaves Cotton invests ₹331 crore in electric mobility subsidiary
after close1 source ↓written by the desknot a recommendation
- to subscribe
- ₹331.12 crore
- made
- 9 July 2026
Greaves Cotton approved an investment of ₹331.12 crore to subscribe to equity shares of its subsidiary, Greaves Electric Mobility, through a rights issue. This decision, made on 9 July 2026, strengthens its commitment to the electric mobility sector in India. The investment reflects confidence in the shift towards sustainable mobility. ⚡
Not investment advice. For informational purposes only.