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S&P
BSE SENSEX
72,432.20
-56.79
-0.08 %
Corporate Announcement
Security Code
501455
Company
Greaves Cotton Ltd
Exchange Received Time
13/11/2019 19:04:29
Exchange Disseminated Time
13/11/2019 19:04:35
Time Taken
00:00:06
Announcement under Regulation 30 (LODR)-Updates on Acquisition |
11/13/2019 7:04:30 PM
In furtherance to our intimation dated 5th November, 2019, we would like to inform that the Company has entered into the definitive agreement thereby acquiring 21,94,220 equity shares constituting 18.72% shares entirely held by Ms. Hemalatha Annamalai in Ampere Vehicles Private Limited ('Ampere Vehicles'), through secondary purchase. With the completion of the acquisition of aforesaid shares, the Company has acquired absolute control in its subsidiary Ampere Vehicles. A copy of the Press Release is hereby attached.
This is for your information and record.
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