Greaves Cotton Limited

Greaves Cotton Limited

Greaves Cotton Limited has successfully incorporated a wholly-owned subsidiary, 'Greaves International Trading FZE' (GITFZE), in Dubai, United Arab Emirates, effective June 18, 2026. This new entity is established with the primary objective of engaging in international trading and distribution of the company's products and services. The strategic move aims to strengthen Greaves Cotton's global market presence, optimize its international supply chain, and drive business growth in overseas markets.

Greaves Cotton Limited

Greaves Cotton Limited announced details regarding the deduction of tax at source (TDS) on the dividend of Rs. 2 per equity share for FY26, which was recommended by the Board on May 6, 2026. The dividend, if approved at the AGM on August 4, 2026, will be paid to shareholders on record as of July 28, 2026. The company communicated the applicable TDS rates for resident shareholders (10% with valid PAN, 20% without), conditions for exemption, and the new Form 121 for tax declarations for the Tax Year 2026-27.

Greaves Cotton Limited

Greaves Cotton Limited announced its 107th Annual General Meeting (AGM) will be held on August 4, 2026. The company declared a record date of July 28, 2026, for determining eligible shareholders for a dividend of Rs. 2/- per equity share (face value Rs. 2/- each) for the financial year ended March 31, 2026. The dividend, if approved at the AGM, is scheduled to be paid on or before September 2, 2026.

Greaves Cotton Limited

Greaves Cotton Limited announced that its 107th Annual General Meeting will convene on August 4, 2026, via virtual means. Concurrently, the company declared a record date of July 28, 2026, for determining shareholders eligible for a dividend of Rs. 2/- per equity share. The book closure period for this purpose is scheduled from July 29 to August 4, 2026. Subject to shareholder approval at the AGM, the dividend payment is expected on or before September 2, 2026.