GREAVES COTTON LTD. - 501455 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press Release issued by the subsidiary of the Company 'Greaves Finance Ltd, the NBFC arm of Greaves Cotton Ltd, introduces "evfin", an innovative platform for electric vehicle financing and beyond.' GREAVES COTTON LTD. - 501455 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform you that the Nomination and Remuneration Committee ('the Committee') of the Board of Directors of the Company, through circular resolution passed on 03rd June, 2023, has approved allotment of 19,155 (Nineteen Thousand One Hundred and Fifty Five) equity shares of Rs. 2/- each, pursuant to exercise of 19,155 Stock Options at an exercise price of Rs. 2/- each amounting to Rs. 38,310/- (Rupees Thirty Eight Thousand Three Hundred and Ten only) by the option grantee under Greaves Cotton - Employee Stock Option Plan 2020. The said equity shares shall rank pari-passu with the existing equity shares of the Company in all respects. Consequently, the Issued, Subscribed and Paid-up Capital of the Company stands increased to Rs. 46,36,85,196/- comprising of 23,18,42,598 equity shares of face value of Rs. 2/- each. GREAVES COTTON LTD. - 501455 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in terms of SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/circular/2022/8 dated 25th January, 2022 and pursuant to the authority delegated by the Board of Directors, we hereby inform you that pursuant to approval of the Key Managerial Personnel, the Company has issued 'Letter of Confirmation(s)' in lieu of share certificate(s) reported as loss, the details of letter of confirmation(s) issued on 2nd June, 2023 are as per letter attached: Kindly take the same on record. GREAVES COTTON LTD. - 501455 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company has received intimation about loss of share certificate, the details of which are given as per letter attached: As required under the SEBI Circular No. SEBI / HO/MIRSD/ MIRSD_RTAMB / P/ circular /2022/8 dt. January 25, 2022, we will issue 'Letter of Confirmation' in lieu of physical duplicate share certificate, after necessary due diligence. You are requested to inform to all your Broker Members not to deal in the aforesaid share certificate in any manner. Please acknowledge the receipt.
Greaves Cotton sinks 10% as govt seeks to remove EV arm from FAME-2 scheme
The govt said that Greaves Electric Mobility failed to adhere to Phased Manufacturing Programme guidelines, hence it will need to return the subsidy of about Rs 124 cr claimed under the FAME-II scheme GREAVES COTTON LTD. - 501455 - Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations)
Pursuant to Regulation 30 of the SEBI LODR Regulations, it is hereby informed that Ministry of Heavy Industries ('MHI') vide its letter dated 25th May 2023, has alleged that Greaves Electric Mobility Private Limited ('GEMPL'), material subsidiary of the Company, purportedly failed to adhere to Phased Manufacturing Programme Guidelines and allegedly has proposed to de-register it from FAME India Scheme Phase II ('Scheme'). MHI has further purportedly directed GEMPL to deposit all the incentive claimed (approx. INR 124 crores along with interest) under the said scheme to MHI subject to submission of necessary representation. The Board of Directors of GEMPL will be reviewing and analysing the facts regarding the purported notice and the alleged violations for taking appropriate course of action including engaging with the Government to better understand the alleged violations and for a resolution, in accordance with law. GREAVES COTTON LTD. - 501455 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to the Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the Copy of Annual Secretarial Compliance Report for the financial year ended 31st March, 2023, issued by Pradeep Purwar & Associates Company Secretaries. Kindly take the same on your record. GREAVES COTTON LTD. - 501455 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in terms of SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/circular/2022/8 dated 25th January, 2022 and pursuant to the authority delegated by the Board of Directors, we hereby inform you that pursuant to approval of the Key Managerial Personnel, the Company has issued 'Letter of Confirmation(s)' in lieu of share certificate(s) reported as loss, the details of letter of confirmation(s) issued on 25th May, 2023 are as per letter attached: Kindly take the same on record GREAVES COTTON LTD. - 501455 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We wish to inform you that pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the schedule of Analyst / Institutional Investor Meetings with the Company are as per letter attached: The above schedule is subject to changes. Changes may happen due to exigencies on the part of investor's / Company. Kindly take the same on record. GREAVES COTTON LTD. - 501455 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company has received intimation about loss of share certificate, the details of which are given as per letter attached: As required under the SEBI Circular No. SEBI / HO/MIRSD/ MIRSD_RTAMB / P/ circular /2022/8 dt. January 25, 2022, we will issue 'Letter of Confirmation' in lieu of physical duplicate share certificate, after necessary due diligence. You are requested to inform to all your Broker Members not to deal in the aforesaid share certificate in any manner. Please acknowledge the receipt.