Greaves Cotton Limited — Others, 30-07-2025: Resignation

Greaves Cotton's Board approved the financial results for the quarter ended June. Standalone revenue was 540.54 Cr with a profit of 56.64 Cr. Consolidated revenue reached 745.43 Cr, yielding a profit of 20.85 Cr. The company appointed Mr. Jehangir Ardeshir as an Independent Director for five years, a seasoned professional from Tata Group, subject to shareholder approval. Concurrently, Mr. Firdose Vandrevala resigned as Independent Director, effective October, citing age. This board transition strengthens governance. Additionally, the subsidiary Greaves Electric Mobility repaid a 42.67 Cr loan and its IPO process is progressing, signaling strategic advancements.