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Greaves Cotton Ltd - 501455 - Disclosure Of Combined Voting Results At The 102Nd Annual General Meeting (AGM) Of The Company Held On 11Th August, 2021 Along With Scrutinizer''s Report

We hereby inform you that the 102nd AGM of the Company held on 11th August, 2021 at 4:00 p.m. through Video Conferencing / Other Audio Visual Means in compliance with the applicable provisions of the Companies Act, 2013, rules framed thereunder read with MCA and SEBI Circulars. All the items of business contained in the Notice of AGM dated 4th May, 2021 were approved by the members with requisite majority. The details of the combined voting results (i.e. results of remote e-voting together with e-voting at the AGM) in the format prescribed under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the Scrutinizer''s Report are enclosed as Annexure A and Annexure B respectively. Kindly take the same on record.
13-08-2021
Bigul

GREAVES COTTON LTD. - 501455 - Disclosure Of Combined Voting Results At The 102Nd Annual General Meeting (AGM) Of The Company Held On 11Th August, 2021 Along With Scrutinizer''s Report

We hereby inform you that the 102nd AGM of the Company held on 11th August, 2021 at 4:00 p.m. through Video Conferencing / Other Audio Visual Means in compliance with the applicable provisions of the Companies Act, 2013, rules framed thereunder read with MCA and SEBI Circulars. All the items of business contained in the Notice of AGM dated 4th May, 2021 were approved by the members with requisite majority. The details of the combined voting results (i.e. results of remote e-voting together with e-voting at the AGM) in the format prescribed under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the Scrutinizer''s Report are enclosed as Annexure A and Annexure B respectively. Kindly take the same on record.
13-08-2021
Bigul

Greaves Cotton Ltd - 501455 - Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that Ampere Vehicles Private Limited, India ('Ampere', WOS of Greaves Cotton Limited), has signed definitive agreements on 13th August, 2021, to make investment in MLR Auto Limited. The acquisition shall be subject to completion of customary closing and other conditions agreed between the parties. The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure - I. A copy of the Press Release is enclosed as Annexure - II. This is for your information and record.
13-08-2021

Earnings Call for Q1FY22 of Greaves Cotton

Conference Call with Greaves Cotton Management and Analysts on Q1FY22 Performance and Outlook. Listen to the full earnings transcript.
12-08-2021
Bigul

Greaves Cotton Ltd - 501455 - Shareholder Meeting / Postal Ballot-Outcome of AGM

As per the requirement of Regulation 30 - Para A of Part A of Schedule Ill of the Listing Regulations, summary of the proceedings of the AGM is enclosed as Annexure A. Kindly take the same on record.
12-08-2021
Bigul

Greaves Cotton Ltd - 501455 - Announcement under Regulation 30 (LODR)-Investor Presentation

This is further to our letter dated 10th August, 2021 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.
11-08-2021
Bigul

Greaves Cotton Ltd - 501455 - Announcement under Regulation 30 (LODR)-Acquisition

Pursuant to Regulation 30 read with Schedule III Part A Para A(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Board of Directors of the Company at its meeting held on 11th August, 2021 has approved the proposal of investment in Dee Greaves Limited ('DGL') as a part of overall corporate objective. Pursuant to the said acquisition, DGL (currently a step down subsidiary), will become wholly owned subsidiary of the Company effective 11th August, 2021. The details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated 9th September, 2015, are enclosed as Annexure - I. This is for your information and record.
11-08-2021
Bigul

Q1FY22 Result Announced for Greaves Cotton Ltd.

Greaves Cotton announces Q1 FY22 results with consolidated revenue at Rs.229 crore Greaves Cotton Limited, one of India’s leading and diversified engineering companies, announced Q1 FY22 results with consolidated revenue growth of 47% at Rs. 229 crore in Q1 FY22 as against Rs. 156 crore in Q1 FY21. EBIDTA loss reduced from Rs.27 crore in Q1 FY21 to Rs. 17 crore in Q1 FY22 while Loss after tax is at Rs. 22 crore in Q1 FY22. New businesses continue to contribute higher in overall portfolio and stand at 29%. Ampere e2W has experienced growth with significant demand nationwide from both consumers and new channel prospects. The brand is gaining popularity as the demand for its electric two-wheelers (electric scooters) and electric three-wheelers (electric rickshaws) grows in the mass mobility segment. Recently, Ampere achieved the milestone of over 1 Lakh customers. Greaves also has seen signify traction with non-Automotive business. The company has introduced new products into the marine and light construction equipment business which are key sectors contributing significantly to the overall economic growth and progress of our nation. The company is moving on the path to faster recovery with rising interest from customers and fresh business inquiries (both B2B & B2C). To cater to growing demand the company has increased investment in technology, talent development & creating best-in-class consumer touchpoint experiences. Greaves also internally restructured their business operations combining Automotive & Non-Automotive verticals to bring enhanced focus across all the businesses & drive higher efficiencies. The company is foraying into multi-brand EV retail and building robust EV ecosystem support and right consumer facilitation with intensified phygital commerce and a new experience center. Moreover, Greaves Finance, the company's NBFC for financing electric vehicles, intends to boost the broader mobility ecosystem, particularly the e-mobility market, by providing easy financing options. Commenting on the company performance, Nagesh A Basavanhalli, Group CEO and Managing Director, Greaves Cotton Limited, said, “We are experiencing decent growth post unlock after the 2nd wave as a result of our commitment and future-forward strategy, particularly because of the e-mobility and non-automotive business, the new businesses now contributing 29% of the overall business. We have taken several steps to enhance the safety and well-being of our entire value chain. With strong fundamentals, we remain optimistic about the business growth in upcoming period.” Result PDF
11-08-2021
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 ended 30th June, 2021. Kindly take the same on record.
11-08-2021
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