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Merger & Restructuring

Greaves Cotton Merger & Restructuring Worth ₹385 Cr

Greaves Cotton acquired the remaining 20% stake in Excel Controlinkage for a total 100% shareholding. Excel is now a wholly owned subsidiary following this final tranche completion.

Key figures
Value₹385.0 Cr
Source

BSE filing, NSE: GREAVESCOT. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Greaves Cotton Ltd: key numbers

Share price
₹181.11
Market cap
₹4,219 Cr
Revenue (annual)
₹3,437 Cr
Net profit (annual)
₹107.1 Cr
P/E (TTM)
42.3×Sector 30.9×
Promoter holding
55.77%+0.00% QoQ
FII holding
1.92%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Greaves Cotton Ltd

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15:31 IST BSE
Capacity Expansion

Greaves Cotton Capacity Expansion

Greaves Electric Mobility, a subsidiary of Greaves Cotton, launched 50+ new Ampere Experience Centers across 15 states. The expansion doubles its sales and service footprint to over 600 touchpoints.

new experience centers
50.0 Experience Centers
11:35 IST BSE
Product Launch

Greaves Cotton Product Launch

Greaves Cotton's subsidiary, Greaves Electric Mobility, has launched the Ampere Nexus EX+ electric scooter. The new model features a 5 kW motor and IoT-enabled connectivity via Intellipack.

motor power
5.0 kW

Other merger & restructuring announcements

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19:53 IST NSE
Merger & RestructuringEmkay Global Financial Services Ltd EMKAY

Emkay Global Financial Services Merger & Restructuring Worth ₹30 Cr

Emkay Global approved transferring two subsidiaries to new subsidiary ECPL and slump-selling its wealth business. Up to Rs.30 Crore rights investment in ECPL was also approved.

Value
₹30.00 Cr
Execution
Divestment completion expected within 90 days of SPA execution, subject to regulatory approvals