Press Release

12th August 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 Greaves Electric Mobility Limited, subsidiary of the Company, with the heading “Ampere Magnus G Max Gets Smarter With 30+ Connected Features Powered by NxG.io for Everyday Bharat Riders”. 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 Ampere Magnus G Max Gets Smarter With 30+ Connected Features Powered by NxG.io for Everyday Bharat Riders • Introduces IoT connectivity along with Cruise Control, Hill Hold Assist, Turn-by-Turn Navigation and a richer connected ecosystem • Introduces a new cinnamon copper colour option, alongside premium dual-tone colours, and is priced at INR 1,09,999 Bengaluru, 12th August 2026: Ampere, the E2W brand from Greaves Electric Mobility Limited, today announced a major technology upgrade for its best-selling – the Magnus G Max. Powered by the new NxG.io software platform, the upgraded Magnus G Max now offers 30+ IoT-enabled features designed to make every day riding easier, safer and more convenient. The upgrade introduces Cruise Control, Hill Hold, Turn-by-Turn Navigation, Find My Scooter and Ping My Scooter on the Magnus G Max, making it a smarter alternative to traditional petrol scooters. The new connected features get an intuitive and vibrant looking UI on Ampere Connect App and have been designed with the realities of everyday Indian mobility in mind and address challenges familiar to riders in cities and towns. Hill Hold brings greater confidence in stop-and-go traffic while navigating inclines and flyovers, Cruise Control improves comfort on longer stretches and Turn-by-Turn Navigation on the new 5-inch PMVA digital cluster helps riders stay on course without repeatedly checking their phones. Find My Scooter and Ping My Scooter further simplify locating the vehicle in crowded parking areas, bringing connected technology into practical everyday use, reflecting Ampere’s approach to delivering technology with real everyday relevance. The connected ecosystem also includes real-time charging status, live tracking, geo-fencing, theft and tow alerts, remote vehicle diagnostics, service booking, charging history and battery health insights. Over-the-air update capability ensures the scooter’s connected experience can continue to evolve over time. The upgraded Magnus G Max also introduces a new Cinnamon Copper colour option, alongside premium dual-tone colours, and is priced at INR 1,09,999. Speaking on the launch, Mr. Vikas Singh, Managing Director, Greaves Electric Mobility, said, “For Bharat, smart mobility must also be practical, dependable and easy to use every day. With the upgraded Magnus G Max, Ampere is bringing meaningful intelligence to the family scooter segment – features that help riders navigate better, ride more comfortably, locate their scooter easily and own an EV with greater confidence. This is technology designed around real customer needs, and it strengthens our commitment to making electric mobility the first choice for customers transitioning from petrol scooters.” The connected technology upgrade complements the performance and ownership proposition of the Magnus G Max. The scooter comes with a 3 kWh LFP battery and a 2.4 kW peak motor that offers an IDC-certified range of 142 km and a real-world range of over 100 km, with a top speed of 65 kmph. With 12-inch wheels, telescopic front suspension and dual rear shock absorbers, the scooter is engineered to take on challenging road conditions across different terrains and weather conditions. The Magnus G Max continues to be equipped with next-generation LFP battery technology, designed for a long battery life of 2,00,000 km. For customers looking to upgrade from petrol scooters, this long- life battery proposition, combined with lower every day running costs, delivers a stronger total cost of ownership advantage across the vehicle’s lifecycle. Adding to the long-term ownership confidence, the scooter also comes with a 5-year/75,000 km battery warranty, further strengthening long-term ownership confidence. Key highlights of the upgraded Ampere Magnus G Max include: • Cruise Control for a more relaxed riding experience • Hill Hold Assist for greater confidence on inclines and stop-and-go traffic • Turn-by-Turn Navigation with a new 5-inch PMVA display • Smart IoT features including Find My Scooter, Ping My Scooter and OTA updates • High-performance motor delivering 130 Nm at the wheel torque • New Cinnamon Copper colour option alongside premium dual-tone colour choices The upgraded Ampere Magnus G Max will be available across Ampere dealerships, offering customers a smarter, feature-rich electric scooter built around everyday practicality, connected technology and long-term value. **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 About Greaves Electric Mobility Limited: Greaves Electric Mobility Limited (GEML), the electric mobility business of Greaves Cotton Limited (GCL), is one of the first companies in India to focus on the evolving market of electric vehicles (“EV”) and has been among the frontrunners at driving EV adoption in the country. With over 18 years of experience designing and manufacturing electric vehicles, GEML serves both the electric 2-wheeler and 3-wheeler segments. GEML along with its subsidiaries, operates three manufacturing plants located in Hyderabad, Noida, and Ranipet. The company supports its network through 400 dealer [Showing first 8,000 characters — download PDF for full document]