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Greaves Cotton LimitedOthers, 04-02-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

04-02-2025 | 10:01 pm

Greaves Cotton Limited has secured a favorable decision from the Hon’ble Bombay High Court in an arbitration matter against Deev Gen Sets Pvt Ltd. The court appointed Retd. Rebello J as the arbitrator and mandated DGSS to channel all future orders for spare parts related to GCL-manufactured engines through Greaves Cotton. This ruling strengthens GCL's operational control and could enhance its partnership with the Indian Railways. Investors may view this development positively, as it mitigates litigation risks and reinforces the company’s market position in the railway supply sector.

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