Press Release

30th June 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: Press Release Please find enclosed herewith Press Release issued by the Company, with the heading “Greaves Cotton’s New Dubai Subsidiary to Accelerate International Growth”. Kindly take the same 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 Tel: +91 22 41711700 I CIN: L99999MH1922PLC000987 Press Release Greaves Cotton’s New Dubai Subsidiary to Accelerate International Growth Establishes Greaves International Trading FZE in Dubai to strengthen international growth, enhance customer proximity, and scale global operations Mumbai, June 30, 2026: Greaves Cotton Limited, one of India's leading diversified engineering companies, announced the incorporation of its wholly owned subsidiary, Greaves International Trading FZE (GITFZE), in Dubai, United Arab Emirates (UAE), marking a key step in expanding its international business as part of Greaves.Next strategy. Greaves International Trading FZE will serve as a regional hub for international trading and distribution, strengthening Greaves Cotton’s presence across the Middle East and Africa. The UAE’s strategic location will enable closer engagement with customers and partners in high-growth markets. The new subsidiary will focus on business development and market expansion, customer engagement, technical support, channel partnerships, aftermarket services and supply chain coordination. It will provide the region access to Greaves Cotton’s portfolio, including diesel engines, gensets and powertrain solutions, across its Energy, Mobility and Industrial Solutions. Commenting on the development, MD & Group CEO, Parag Satpute, Greaves Cotton Limited, said, “International Business is a key growth driver for Greaves and a core pillar of our GREAVES.NEXT strategy. In line with our strategic roadmap, its contribution increased from 9% to 13% in FY26. The establishment of Greaves International Trading FZE marks a significant step in strengthening our presence across the Middle East and Africa. It enhances our ability to respond with agility to market needs, deepen customer engagement, and deliver reliable, future-ready solutions. This is a focused move towards expanding our global footprint and driving sustained, long-term growth.” This move aligns with Greaves Cotton’s strategy to scale its global footprint, enhance export capabilities, and build an integrated trading and distribution ecosystem. GITFZE will initially focus on GCC markets such as UAE, Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain with plans to expand into Levant and Africa. -END- About Greaves Cotton Limited: With a legacy of over 165 years, Greaves Cotton Limited is a diversified, future-ready engineering company delivering innovative and sustainable solutions to customers across key sectors. Renowned for its precision engineering and technology leadership, the Company’s growth strategy is anchored on three core dimensions: accelerating its core businesses, building new muscle onto the core, and expanding into new horizons across Energy Solutions, Mobility Solutions, and Industrial Solutions. As one of India’s largest manufacturers of single-cylinder diesel engines, and a pioneer in introducing them for microcar applications in the European market, Greaves continues to reinforce its commitment to accessible, efficient, and reliable mobility. The Company also has a longstanding association with the Indian armed forces, with its products supporting a range of defence and naval applications, embodying its role in industrial advancement and nation-building. Guided by its purpose of ‘Empowering Lives’, Greaves is committed to providing reliable products, sustainable technology, and customer-centric solutions. With its strong engineering foundation and continuous innovation, the Company aims to enable people, businesses, and communities to progress with confidence in a future rooted in engineering excellence and driven by efficient energy. The investee companies of Greaves include Greaves Electric Mobility Limited (GEML) with its diverse portfolio of electric 2 & 3 wheelers for passenger and cargo mobility, and Greaves Finance Limited (GFL) with ev.fin, a 100% EV focused NBFC that leverages cutting-edge technology to offer customised financing options & seamless buying experience. Both these businesses play a significant role in accelerating EV adoption in India. For more information, visit- www.greavescotton.com For further information, please contact: Keya Muriya | keya.muriya@greavescotton.com Kumar Shubham |+91 8507148460 | kumar.s@the-practice.net Note: "This press release may include statements of future expectations and other forward-looking statements based on 'management's current expectations and beliefs concerning future developments and their potential effects upon Greaves Cotton Limited and its subsidiaries/ associates ("Greaves"). These forward-looking statements involve known or unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from our expectations include, amongst others: general economic and business conditions in India and overseas, our ability to successfully implement our strategy, our research and development efforts, our growth and expansion plans and technological changes, changes in the value of the Indian Rupee and other currency changes, changes in the Indian and international interest rates, change in laws and regulations that apply to the related industries, increasing competition in and the conditions of the related industries, changes in political conditions in India and changes in the foreign exchange control regulations in India. Neither Greaves, nor our directors, or any of our subsidiaries/associates assume any obligation to update any particular forward-looking statement contained in this release." Disclaimer: - GREAVES ELECTRIC MOBILITY LIMITED (“GEML”), a subsidiary of GCL, is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares and has filed a draft red herring prospectus dated December 23, 2024 (“DRHP”) with Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI at www.sebi.gov.in, the website of the National Stock Exchange of India Limited at www.nseindia.com, the website of the BSE Limited at www.bseindia.com, on the website of GEML at www.greaveselectricmobility.com and on the websites of the lead managers, Motilal Oswal Investment Advisors Limited at www.motilaloswalgroup.com, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) at www.iiflcap.com and JM Financial Limited at www.jmfl.com , respectively. Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus which may be filed with the Registrar of Companies, Tamil Nadu at Chennai in the future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI and the Stock Exchanges in making any investment decision. This announcement does not constitute an invitation or offer of securities for [Showing first 8,000 characters — download PDF for full document]