Greaves Cotton Reinforces Commitment to Greaves Electric Mobility with Proposed ₹331 Cr Rights Issue Subscription
Mumbai: Greaves Cotton Limited, one of India’s leading diversified engineering companies, announced that its Board of Directors has approved the Company’s participation in the proposed rights issue of its material subsidiary, Greaves Electric Mobility Limited (GEML), to fully subscribe its entitlement in the rights issue aggregating up to approximately ₹331 crore. The proposed investment reflects Greaves […]