Greaves Cotton Limited — Others, 30-04-2025: Change in Auditors

Greaves Cotton Limited has approved the appointment of Price Waterhouse Chartered Accountants LLP as its new statutory auditor, replacing Deloitte Haskins & Sells, LLP, effective after the Annual General Meeting for a term of five years. Mr. Nagesh Basavanhalli will resign from his role as Vice Chairman & Non-Executive Director, with the Board acknowledging his contributions. Additionally, Mr. Parag Satpute, Managing Director and Group CEO, is now authorized to assess the materiality of events for disclosure alongside the CFO and Company Secretary. This update is significant for shareholders as it reflects changes in leadership and governance that may impact the company's strategic direction.