Name: Capital Market Publishers India Pvt. Ltd.
Telephone: 91-22-25229720

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Announcement Date	Date Of Meeting	Purpose	Detail
02-Jun-2022	31-May-2022	Others	We wish to inform you that based on the approval of the board of Greaves Cotton Limited ('Company') at its meeting held on May 31, 2022 and the approval of the board of Greaves Electric Mobility Private Limited (formerly known as Ampere Vehicles Private Limited) ('GEMPL'), a wholly owned subsidiary of the Company, at its meeting held on May 31, 2022, the Company, GEMPL and Abdul Latif Jameel International DMCC ('Investor') have executed a share subscription agreement and a shareholders' agreement on June 02, 2022 (collectively, 'Agreements') for a proposed investment by the Investor in GEMPL of INR equivalent of USD 150,000,000 (USD One Hundred and Fifty million) for subscription by the Investor to 68,35,450 equity shares of GEMPL on a preferential allotment through private placement basis resulting in a shareholding of 35.80% on a fully diluted basis in GEMPL for the Investor in accordance with the terms and timelines set out in the Agreements.