Greaves Cotton Completes Acquisition of Excel Controlinkage, Takes Ownership to 100%
Greaves Cotton Limited, a Mumbai-based manufacturer of automotive and industrial equipment, has completed the acquisition of Excel Controlinkage, achieving 100% ownership. The press release was filed with NSE on 17 August 2026. The acquisition consolidates Greaves' position in the controls and electronics subsystems market. No acquisition value or prior shareholding percentage has been disclosed in the public announcement.
Why it mattersFull acquisition triggers mandatory compliance with Schedule V (Takeover Code 2011) exit mechanics if minority shareholding existed; review for any squeeze-out or delisting implications under SEBI rules.
SectorIndustrials
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Sources
- NSE Corporate Actions Archives (Press Release) · official
- NSE Listed Company Announcements · official
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