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GREAVES COTTON LTD. - 501455 - Intimation Of Incorporation Of A Step-Down Subsidiary

With reference to the captioned subject and intimation received from the statutory authorities in Delaware, USA on 3rd March 2022, we wish to inform that Greaves Technologies Limited (formerly known as Dee Greaves Limited), India ('GTL', a wholly owned subsidiary of Greaves Cotton Limited), has incorporated a Wholly Owned Subsidiary ('WOS') in Delaware, USA named 'Greaves Technologies Inc.' with effect from 23rd February 2022. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 are enclosed as Annexure - I. This is for your information and record.
04-03-2022
Bigul

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 Investors Virtual 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.
26-02-2022
Bigul

Accumulate Greaves Cotton; target of Rs 185: Arihant Capital

Arihant Capital recommended accumulate rating on Greaves Cotton with a target price of Rs 185 in its research report dated February 25, 2022.
25-02-2022
Bigul

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 Investors Virtual Meeting with the Company is 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.
21-02-2022
Bigul

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 Investors Physical and Virtual 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.
18-02-2022
Bigul

GREAVES COTTON LTD. - 501455 - Announcement under Regulation 30 (LODR)-Investor Presentation

This is further to our letter dated 4th February, 2022 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed presentation which will be shared with the investors. A copy of the said presentation is also being uploaded on the Company's website www.greavescotton.com. Kindly take the same on record.
08-02-2022
Bigul

Q3FY22 Quarterly Result Announced for Greaves Cotton Ltd.

Auto Parts & Equipment company Greaves Cotton declares Q3FY22 result: Greaves Cotton’s Growth Momentum continues, with sequential consolidated revenue growth of 30% in Q3 FY22 Greaves Electric mobility reports it’s highest ever volume growth of 162% over last year New Business continues to accelerate with 54% contribution in overall business Reported continuing its growth momentum with revenue growth at almost 30% at Rs. 486 crore in Q3FY22 as against Rs. 374 crore in Q2FY22. EBIDTA for Q3 FY22 stood at Rs. 14 crore. This quarter has seen a positive recovery with host of activities; like launch of our flagship model Magnus EX, inauguration of EV mega factory in Ranipet, launch of Ampere Experience Centre and increasing demand for products across multiple segments boosted by increase in network. Greaves' New Business segments, such as Greaves Non-Automotive and New Mobility Business, have seen increased growth momentum and a better recovery due to positive demand with 54% contribution in overall business. Greaves non-auto small engines, which are widely utilized in Marine, Farm, Genset, Construction, and other industrial applications and Greaves Retail business, have reached Pre-COVID levels. Auto business continues to face headwinds with de-growth of 76%. Greaves Electric Mobility Business comprising of Ampere (2-wheelers), ELE e-rickshaw and e-Autos, continues to add significant value with growth of 213% over Q3 FY21, while accounting for 37% in the overall revenue which is a testimony of growing need for affordable and eco-friendly personal mobility solutions. The recently launched Magnus EX is already receiving appreciation and has been catering to the waitlist orders. In the e-rickshaw segment, ELE brand recorded a substantial jump marking a promising entry in the commercial mobility segment with 123% volume growth over Q3 FY21. Commenting on the company performance, Nagesh A Basavanhalli, Group CEO and Managing Director, Greaves Cotton Limited, said, “The Company has retained its leadership position in E-Mobility Industry by recording the best-ever sales for the quarter. Our Retail and Non-Auto businesses have shown resilience even under these market conditions. We recently inaugurated our largest EV manufacturing facility and an Experience Center at Ranipet, Tamil Nadu. This will herald a new fast-paced growth for GEM. With our strong fundamentals and growth- oriented focus, we remain optimistic of the future across our core businesses.” Result PDF
08-02-2022
Bigul

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 Press Release issued with regard to the unaudited financial results of the Company for the quarter and nine months ended 31st December, 2021.
08-02-2022
Bigul

GREAVES COTTON LTD. - 501455 - Unaudited Financial Results (Standalone And Consolidated) Together With The Limited Review Report For The Quarter And Nine Months Ended 31St December, 2021

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we hereby inform you that the Board of Directors of the Company at its meeting held today i.e. 8th February, 2022 has inter-alia approved the unaudited financial results (standalone and consolidated) together with the limited review report for the quarter and nine months ended 31st December, 2021.
08-02-2022
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