Greaves Cotton Limited — Updates, 14-04-2025: Press Release

Greaves Cotton Limited has appointed Mr. Parag Satpute as Managing Director and Group CEO. He will oversee Greaves Engineering, Greaves Retail, Greaves Technologies, and Excel Controlinkage Private Limited, focusing on business growth aligned with the company’s mission of ‘Empowering Lives.’ With over 29 years of experience, Mr. Satpute previously held senior positions at Bridgestone and Sandvik, showcasing a strong background in mobility solutions and manufacturing. His appointment follows the resignation of Dr. Arup Basu as Managing Director, with his tenure ending on May 9, 2025. This leadership transition aims to strengthen the company's strategy and operations, positioning Greaves for sustainable growth in the evolving mobility sector. Investors should watch closely for strategic advancements under Mr. Satpute’s leadership.