NSEUpdates9 Jul 2026 · 9 Jul 2026, 09:46 pm
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Greaves Cotton Limited · GREAVESCOT
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Greaves Cotton Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report including the Assurance Statement for Financial Year 2025-26'.
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Governance Concern2/10
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Liquidity Impact8/10
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Greaves Cotton Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report including the Assurance Statement for Financial Year 2025-26'.
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GREAVESCOT_09072026214505_GCL_BRSR_Intimation_with_BRSR_report_signed.pdf
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09th July, 2026
The Manager - Listing The Manager - Listing
BSE Limited National Stock Exchange of India Limited
BSE Code - 501455 NSE Code - GREAVESCOT
Dear Sir/Madam,
Sub: Business Responsibility and Sustainability Report for Financial Year 2025-26
Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed herewith the Business Responsibility and
Sustainability Report including the Assurance Statement for Financial Year 2025-26.
The Report is also available on the website of the Company at www.greavescotton.com.
Kindly take the above information on record.
Thanking you,
Yours faithfully,
For Greaves Cotton Limited
Atindra Basu
Group General Counsel & Company Secretary
Membership No: F13799
Encl.: a/a
Greaves Cotton Limited
Email ID: investorservices@greavescotton.com I Website: www.greavescotton.com
Registered Office: J-2, MIDC Industrial Area, Chikalthana, Chhatrapati Sambhajinagar - 431 006, Maharashtra, India. Tel.: (+91 240) 2479250, 2479232
Corporate Office: Unit Nos. 301 & 302, 3rd Floor, Tower B, Peninsula Business Park, Ganpatrao Kadam Marg, Off Senapati Bapat Marg,
Lower Parel, Mumbai – 400 013, India.
Tel: +91 22 41711700 I CIN: L99999MH1922PLC000987
Corporate Business Responsibility Standalone Information on Consolidated
Governance Report & Sustainability Report Financial Statements Subsidiary Companies Financial Statements
Business Responsibility &
Sustainability Report
Anchored in a 165-year legacy of engineering excellence and an unwavering foundation of trust, Greaves Cotton Limited is
steadfast in its mission to generate sustainable value across its entire stakeholder ecosystem. Driven by continuous innovation,
the integration of advanced technologies, and a strategic pursuit of new growth horizons, we engineer high-quality, reliable,
and accessible solutions designed for a rapidly transforming world. Our commitment to ethical governance, transparency,
and accountability ensures that sustainability is not a parallel initiative, but the very core of our operational DNA—creating a
lasting, positive impact on the environment, our communities, our workforce, our customers, and our investors.
As we proudly present the fourth edition of our Business Responsibility and Sustainability Report (BRSR), covering the
financial year from April 1, 2025, to March 31, 2026, we reinforce our pledge to comprehensive and transparent disclosures.
This year, we have actively expanded our sustainability footprint beyond our internal operations by instituting rigorous ESG
due diligence across our supplier and value chain networks. This report covers the financial and non-financial information
of Greaves Cotton Limited along with its material subsidiaries: Greaves Electric Mobility Limited and Excel Controlinkage
Private Limited.
The BRSR is structured around the National Guidelines on Responsible Business Conduct (NGRBC), which form the foundation
of Greaves’s sustainability efforts. The company views ESG as a vital enabler of long-term growth, innovation, and stakeholder
value, deeply embedding these principles into its business strategy, supply chain management, and customer engagement.
To further underscore our dedication to credible, data-driven reporting, we have voluntarily partnered with an independent
assurance provider. Although not mandated by regulatory frameworks, this proactive measure delivers reasonable assurance
on our BRSR core indicators and limited assurance across broader sustainability metrics. Through these deliberate actions,
we continue to redefine industry benchmarks in sustainable performance, deepening stakeholder trust and securing resilient,
long-term growth.
OUR CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS ARE REFLECTED IN THE DISCLOSURES
MADE IN THIS REPORT
SDG Goals Goals description Goals mapped with NGRBC principles
Goal 1 No poverty P3, P4, P8
Goal 2 Zero hunger P2, P6, P7, P8, P9
Goal 3 Good health and well-being P3, P6, P8
Goal 4 Quality education P3, P8, P9
Goal 5 Gender equality P3, P4, P5, P8
Goal 6 Clean water and sanitation P2, P6, P8
Goal 7 Affordable and clean energy P2, P6, P7
Goal 8 Decent work and economic growth P2, P3, P5, P8
Goal 9 Industry, innovation and infrastructure P3, P4, P8
Goal 10 Reduced inequalities P2, P6, P7
Goal 11 Sustainable cities and communities P3, P4, P7, P8
Goal 12 Responsible consumption and production P2, P6, P9
Goal 13 Climate action P2, P6, P7, P8
Goal 14 Life below water P2, P6, P7, P8, P9
Goal 15 Life on land P2, P6, P7, P8, P9
Goal 16 Peace, justice and strong institutions P1, P3, P4, P5, P8
Goal 17 Partnership for the goals P1, P7, P8
Annual Report 2025-26 117
Greaves.Next Awards and Financial Management Board’s
Growth Powered by Legacy Recognition Highlights Discussion & Analysis Report
SECTION A: GENERAL DISCLOSURES
I. Details of the listed entity
1. Corporate Identity Number (CIN) of the Listed L99999MH1922PLC000987
Entity
2. Name of the Listed Entity Greaves Cotton Limited
3. Year of incorporation 1922
4. Registered office address J-2, MIDC Industrial Area, Chikalthana, –Chhatrapati Sambhaji Nagar - 431006,
Maharashtra, India.
5. Corporate address Unit Nos. 301 & 302, 3rd Floor, Tower B, Peninsula Business Park, Ganpatrao
Kadam Marg, Off Senapati Bapat Marg, Lower Parel, Mumbai – 400 013,
Maharashtra, India.
6. E-mail investorservices@greavescotton.com
7. Telephone 022-41711700
8. Website https://www.greavescotton.com
9. Financial year for which reporting is being done 1st April 2025 to 31st March 2026
10. Name of the Stock Exchange(s) where shares are BSE Limited & National Stock Exchange of India Limited
listed
11. Paid-up Capital ` 46.58 crore
12. Name and contact details (telephone, email Mr. Atindra Basu
address) of the person who may be contacted in Designation:- Group General Counsel and Company Secretary
case of any queries on the BRSR report Telephone: 022-41711700
Email: investorservices@greavescotton.com
13. Reporting boundary This report covers the period from 1st April 2025 to 31st March 2026 and includes
all the financial and non-financial information of Greaves Cotton Limited (GCL),
Greaves Electric Mobility Limited (GEML) and Excel Controlinkage Private Limited
(ECPL) - the material subsidiaries of GCL (GCL, GEML and ECPL hereinafter
together refer to as ‘Greaves/the Company’). Appropriate notes have been added
wherever there are exceptions.
14. Name of assessment or assurance provider Agile ESG Advisors Private Limited
15. Type of assessment or assurance obtained Reasonable assurance on BRSR core indicators and limited assurance on other
sustainability indicators in BRSR. The statement of assurance issued by Agile ESG
Advisors Private Limited forms part of this report.
II. Products/services
16. Details of business activities (accounting for 90% of the turnover):1
S. % of turnover of the
Description of main activity Description of business activity
no. entity
1. Manufacturing Electrical equipment, General purpose and special purpose 95%
machinery & equipment and transport equipment.
17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):2
Product/Service NIC Code % of total turnover contributed
1 Diesel, CNG & Petrol Engines 2910 34%
2 Own and multi brand spares parts 2930 27%
3 Gensets 2710 26%
4 Non-Auto Engines 2811 8%
5 Industrial Engines 2812 5%
1 Includes data of GCL only.
2 Includes data of GCL only.
118 Greaves Cotton Limited
Corporate Business Responsibility Standalone Information on Consolidated
Governance Report & Sustainability Report Financial Statements Subsidiary Companies Financial Statements
III. Operations
18. Number of locations where plants and/or operations/offices of the entity are situated:
Location Number of plants Number of offices Total
National 11 11 22
International - - -
19. Markets served by the entity:
a. Number of locations3
Locations Number
National (No. of States and Union Territories) 28 States and 8 Union Territories
Inter
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