Greaves Cotton Limited — JV/Acquisition, 28-05-2026: Acquisition

Greaves Cotton is fueling its electric vehicle ambitions! The company announced a Rs. 50 Cr investment into its wholly-owned financing arm, Greaves Finance Limited (GFL). GFL specializes in financing electric 2-wheelers, 3-wheelers, and lease options for last-mile delivery. This cash infusion will boost GFL's operations and lending capacity, supporting its rapid revenue growth (FY26 turnover: Rs. 39.52 Cr, up from Rs. 5.75 Cr in FY24). This strategic move strengthens Greaves Cotton's position in the booming e-vehicle ecosystem.