Outcome of Board Meeting

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: Outcome of the Board Meeting held on 09th July, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of Greaves Cotton Limited ("the Company"), at its meeting held today, i.e., 09th July, 2026, inter alia, considered and approved the following: (a) Subscription to the equity shares proposed to be issued by Greaves Electric Mobility Limited, a material subsidiary of the Company, pursuant to its rights issue, to the full extent of the Company's rights entitlement, aggregating up to approximately ₹331.12 crore; and (b) Authorized the Risk, Strategy and Investment Committee to consider and if deem fit approve, subscription, either directly or through affiliates, to any equity shares that remain unsubscribed pursuant to the rights issue, subject to applicable regulatory requirements and receipt of requisite approvals, if any. The meeting of the Board of Directors commenced today at 2:30 PM IST and concluded at 4:15 PM IST. Kindly take the same on record. Thanking You, Yours faithfully, For Greaves Cotton Limited Atindra Basu Group General Counsel and Company Secretary Membership No.: F13799 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