Elpro International Ltd — Important, 24-06-2026: Company Update

Elpro International has invested INR 5.00 Cr to acquire 2,31,215 equity shares in Greaves Cotton Limited. This move broadens Elpro's investment portfolio, signaling a strategic interest in other industrial sectors. Greaves Cotton is a well-established diversified engineering company with a long legacy in mobility solutions, reporting a consolidated turnover of INR 3,486.61 Cr in FY 2025-26. This acquisition diversifies Elpro's holdings and could offer new avenues for value creation for shareholders.