Greaves Cotton Limited has informed the Exchange regarding Resignation of Mr Narasimha Jayakumar as Senior Management Personnel of the company w.e.f. September 29, 2025.
GREAVESCOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.5 pts less than its Compressors Pumps & Diesel Engines peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Mr. Narasimha Jayakumar has resigned as CEO of Greaves Retail (a business vertical of Greaves Cotton) and as Senior Management Personnel of the company, effective close of business on September 29, 2025, citing personal reasons. He was reporting to Mr. Parag Satpute, the company's MD & Group CEO. From September 30, 2025, Mr. Rajasekaran Alagarsamy, currently Head of After Market Business, Sales & Marketing at the company, will take over the Greaves Retail responsibilities and be classified as Senior Management Personnel. Mr. Rajasekaran brings over 35 years of experience in the automotive and machine tool industry, having previously worked at Rane Group and Windsor Machines Ltd.
This is a leadership change at the Greaves Retail vertical rather than at the group level, so the overall company operations remain unaffected. Existing employee Mr. Rajasekaran Alagarsamy is taking over, which provides continuity. Investors should monitor how the transition impacts the Greaves Retail business segment going forward.