Comprehensive Corporate Disclosure Summary
Greaves Cotton Limited has issued multiple regulatory disclosures covering its 107th Annual General Meeting, FY26 financial results, and Business Responsibility and Sustainability Report.
AGM and Dividend Declaration
The company will hold its 107th AGM virtually on August 4, 2026, proposing a final dividend of ₹2 per share (100%) for FY26. Shareholders can vote electronically from July 31 to August 3, 2026, with results announced within two working days post-AGM. The agenda includes adoption of financial statements, reappointment of director Parag Satpute, and ratification of cost auditor remuneration. The record date for dividend eligibility is July 28, 2026, with payment scheduled by September 2, 2026.
Financial Performance and Audit
Price Waterhouse Chartered Accountants LLP issued an unmodified audit opinion on the consolidated financial statements. FY26 results show revenue of ₹3,436.62 crore with profit of ₹35.29 crore. Total assets stood at ₹2,893.80 crore with equity attributable to owners of ₹1,430.72 crore. The key audit matter was impairment assessment of goodwill and intangible assets worth ₹423.99 crore, involving significant management judgment in cash flow projections. Several subsidiary audit reports contained CARO 2020 qualifications, though not material to the Group.
ESG Performance and Sustainability
The Business Responsibility Report detailed strong ESG performance, including avoidance of 31.29 lakh kg CO₂e emissions through renewable energy and achieving zero liquid discharge across all manufacturing facilities. The company maintained zero lost time injury frequency rate and conducted human rights assessments covering 73.37% of procurement spend. The ESG governance structure is overseen by Managing Director Parag Satpute and an ESG & CSR Committee chaired by Kavita Nair.
Corporate Governance and Compliance
All disclosures comply with SEBI Listing Regulations and Companies Act requirements. The company transferred 77,834 equity shares to IEPF during FY25-26 and maintains comprehensive policies including Code of Conduct, Human Rights Policy, and Whistle Blower Policy. The Board and management have demonstrated commitment to integrated reporting through the 'GREAVES.NEXT' strategic roadmap focused on Energy Solutions, Mobility Solutions, and Industrial Solutions.