ELPROINTLBSEElpro International LtdMediumNeutral
Announced Thu, 25 Jun · 21:21 IST

Elpro International picks up additional Greaves Cotton shares for Rs 5 Cr

Listed Co AcquisitionStrategic Transactions View source PDF

ELPROINTL · price

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Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹172.00
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AI summary

Elpro International Ltd acquired 2,30,360 equity shares of Greaves Cotton Limited for Rs 5 Crore in cash as an investment. Total holding now stands at 4,61,575 shares. Greaves Cotton, a 165-year-old listed engineering firm, posted consolidated revenue of Rs 3,486.61 Cr in FY25-26. The deal is not a related party transaction.

Likely market impact

Small portfolio investment by Elpro in a much larger listed peer; unlikely to move the needle on Elpro's own financials.