BSECompany Update23 Jun 2026 · 23 Jun 2026, 09:39 pm
Please find attached herewith intimation regarding incorporation of a Wholly Owned Subsidiary
Greaves Cotton Ltd · 501455
✦ AI Summary▲ PositiveExpansion
Greaves Cotton Ltd has announced the incorporation of Greaves International Trading FZE (GITFZE) as a Wholly Owned Subsidiary in Dubai, UAE, effective June 18, 2026. This strategic move aims to engage in international trading and distribution of the company's products and services. The primary objectives are to strengthen Greaves Cotton's global market presence, optimize its international supply chain, and drive business growth in overseas markets.
Analysis Scores
Earnings Impact7/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment7/10
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Full Announcement
Greaves Cotton Ltd - 501455 - Announcement under Regulation 30 (LODR)-Acquisition
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23rd 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: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Incorporation of a Wholly Owned Subsidiary
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("Listing Regulations"), we wish to inform you that the Company has received
the confirmation today 23rd June, 2026, regarding the successful incorporation of its wholly owned
subsidiary, ‘Greaves International Trading FZE’ in Dubai, United Arab Emirates, effective
18th June, 2026.
The details as required under Listing Regulations read with SEBI circulars on the captioned
subject are enclosed as Annexure - I.
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
Annexure - I
Sr. Particulars Details
1 Name of the entity, date & country of Greaves International Trading FZE (“GITFZE”)
incorporation, etc. has been incorporated as a wholly owned subsidiary
("WOS") of Greaves Cotton Limited ("the Company")
Date of incorporation: 18th June, 2026
Country of incorporation: United Arab Emirates
2. Name of holding company of the Greaves Cotton Limited is the holding company of
incorporated company and relation with GITFZE.
the listed entity
3. Industry to which the entity being Engineering Industry
incorporated belongs
4. Brief background about the entity GITFZE has been incorporated with the primary
incorporated in terms of products / line objective of engaging in international trading and
of business distribution activities of products and services
offered by the Company. This strategic expansion is
aimed at strengthening the Company’s global
market presence, optimising its international supply
chain, and driving business growth in overseas
markets.
5. Brief details of any governmental or Not Applicable
regulatory approvals required for the
incorporation
6. Nature of consideration whether cash Not Applicable
consideration or share swap and details of
the same
7. Cost of subscription / price at which the Not Applicable
shares are subscribed
8. Percentage of shareholding / control by 100%
the listed entity and / or number of shares
allotted
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