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Greaves Cotton acquires additional 10% stake in Excel Controlinkage

13 Aug 2025 Evaluate

Greaves Cotton has acquired an additional approximate stake of 10% in Excel Controlinkage (Excel), a material subsidiary of the company, through the secondary route. Following this tranche, the company’s aggregate shareholding in Excel stands increased to 80%.   

Greaves Cotton commonly known as Greaves is one of the leading and diversified engineering companies in India with a rich legacy and brand trust of several years impacting a million lives every day.


Peers
Company Name CMP
Cummins India 4899.75
Kirloskar Oil Engine 2041.85
Greaves Cotton 185.95
Swaraj Engines 3550.40
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