Announced Thu, 25 Jun · 21:21 IST
Elpro International picks up additional Greaves Cotton shares for Rs 5 Cr
ELPROINTL · price
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Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹172.00
prior close
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base price
After-mkt
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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.