Greaves Cotton plans ₹331 crore rights issue for e-mobility
Greaves Cotton plans ₹331 crore rights issue for e-mobility — Greaves Cotton announced a proposed ₹331 crore rights issue to strengthen its electric mobility vertical. The move reinforces its commitment to scaling Greaves Electric Mobility. Funds will support growth initiatives and capital requirements in the EV segment. The rights issue is expected to bolster the company’s balance sheet and strategic focus.
📊 STOCKS: GREAVESCOT | 🏢 SECTOR: Auto | #MEDIUMIMPACT #RightsIssue
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